14 Milestones to Celebrate on the Path to Financial Independence

I’ve got a great one for you today. The White Coat Investor gives you lots and lots of reasons to party as you advance in your career surpassing one financial milestone after another.

If I had celebrated this often, I’m not sure I’d actually be financially independent, but one can certainly celebrate without breaking the bank.

14 Milestones to Celebrate on the Path to Financial Independence

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Getting back to broke, through a combination of saving, investing, paying down debt, and perhaps even home appreciation should be one of your first financial goals, and definitely one that should be celebrated.

# 1: Becoming Worthless

One of our financial goals was to buy a home. It turned out not to be a great financial move, at least the first couple of times, because we were not in a stable, long-term social or professional situation.

# 2: Buy a Home

$100K is a nice round number. I think nice round numbers should be celebrated. There aren’t very many of them.

# 3: Reach a Net Worth of $100K

Here’s another big one. It was really fun to be with one of my partners at work as he paid off his student loans online. Paying off the mortgage on your brain is an awesome financial goal. Celebrate it!

# 4: Student Loans Paid Off

When it comes to saving and investing, the first $1K, first $10K, first $100K, and first $1M are the hardest. The second one DEFINITELY comes a lot faster.

# 5: Retirement Portfolio of $100K

After a while, another $100K isn’t a big deal to you, but that first one…that one should be celebrated.

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