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Home > Business & Careers > Finance   »   reach my goal

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Old Oct 24, 2007, 07:00 AM
charnisha
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reach my goal

I have $42,180.53 in a brokerage account, and i plan to contribute an additional $5000 to the account at the end of every year. The brokerage account has an expected annual return of 12%. If my goal is to accumulate $250,000 in the account, how many years will it take me to reach my goal.

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Old Oct 24, 2007, 07:57 AM   #2  
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Duane in Japan is offline
 
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I will be waiting for the real answer, I made 250,000 in Japan working two jobs for 10 years, no investments, I also blew 3,000 a month drinking for awhile too. That is why I still live here.
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