I started out my journey some 4+ years ago and back then I had set out a 10-year projection target for myself. I tried to review them at the every interval of my birthday month to see how I was doing and if the target was overly ambitious.
Projection Target
Year | Year | Starting Capital | Cumulative Annual Capital Injection | Dividends on Starting Capital | Total Yearly Dividend Payout | Monthly Passive Income |
0 | 1/9/2012 | $100,000.00 | $60,000.00 | $6,000.00 | $6,000.00 | $500.00 |
1 | 1/9/2013 | $166,000.00 | $60,000.00 | $9,960.00 | $13,920.00 | $1,160.00 |
2 | 1/9/2014 | $245,920.00 | $60,000.00 | $14,755.20 | $19,190.40 | $1,599.20 |
3 | 1/9/2015 | $345,030.40 | $60,000.00 | $20,701.82 | $25,453.25 | $2,121.10 |
4 | 1/9/2016 | $469,594.05 | $60,000.00 | $28,175.64 | $33,302.84 | $2,775.24 |
5 | 1/9/2017 | $627,460.53 | $60,000.00 | $37,647.63 | $43,245.80 | $3,603.82 |
6 | 1/9/2018 | $828,572.82 | $60,000.00 | $49,714.37 | $55,909.... |