My Financial And Personal Goals For 2025

As I'm writing this blog post, it's currently Friday, January 10th, 2025. The temperature here in Central Wisconsin is going to reach a high of 24 degrees Fahrenheit later today. For this time of year, I'll take it!

Now that we're into the new year, it would be a good time to briefly highlight my financial and personal goals for 2025.

My Financial Goals For 2025

1. Generate At Least 25% Growth In Net Dividends Collected

I believe that a realistic goal for 2025 is for 25% growth in net dividends collected. This is because for the last few months of 2023 and the first few months of 2024, I didn't invest any capital. I made up for it in later months, but that cost me some dividends. As I outlined in last week's blog post, this helped my net dividends received in 2024 rise by 22% to a new all-time high.

2. Grow Net Annual Forward Dividends By 25%

My second goal is similar to my first goal. I'm aiming for 25% growth in my net annual forward dividends from the start of 2025 to the end of it. If I can continue to compound my net annual forward dividends by around this rate, I could reach financial independence at around age 35 or 36 (adjusting for a 3.5% annual inflation rate).

Personal Goals For 2025

1. Bike 40 Miles A Week

As I indicated in my prior blog post, I have shifted my focus to the stationary bike. Overall, I find it more enjoyable than a treadmill. Thus, I'm going to stick with it. That's why my goal is to bike right around 40 miles a week (10 miles a day, four days a week).

2. Lift Weights Four Times A Week

As far as strength training is concerned, my goal is to stick with doing it four times a week. I'll gradually move up and would like to end the year doing three sets of 12 reps of various motions with 20 lb dumb bells.

3. Publish A Blog Post Each Week

As there were 53 Tuesdays in 2024, I published a blog each week. For 2025, I plan on keeping this same pace. It's a nice balance for me to document my journey for myself and for any interested readers.

Concluding Thoughts:

That's all for now. I have my goals set for the year. Now, it's time to work on achieving them and enjoying the journey along the way!

Discussion:

What are your goals for 2025?

Do you anticipate that any of your goals will be more difficult to achieve versus others?

Thanks for reading and please feel free to comment below!