The current plan for the Snowball

Remember most of the compounded gains are made in the final few years rather than in all the early years, so the sooner you start the sooner you will finish.

Current earned dividends for the Snowball £7,393, less £1,933 from VPC which has been re-invested to earn more dividends but is not a repeatable dividend.

£5,460, which would equate to income for £9,360 which would be ahead of the plan of £9,120 and the target for next year would be £9,758, if the Snowball manages to outperform, hopefully we will be able to skip a year.

Remember that the table shows the compounded interest added at the end of the year but you will receive dividends every month to invest, to earn more dividends. There is a cost to re-invest so the minimum amount re-invested is around 1k,. Any rebalancing costs uses the markets money so could be less.

All baby steps.