Current Bankroll (10/30): $610.96
Current projected total (just for fun): $599,700
UPDATE (10/23): Since I am well ahead of schedule right now, I have set a loftier goal for myself, detailed in the followup post to this one.

Weekly Milestones
Oct 16: $67
Oct 23: $87
Oct 30: $113
Nov 06: $147
Nov 13: $191
Nov 20: $249
Nov 27: $323
Dec 04: $420
Dec 11: $546
Dec 18: $710
Dec 25: $923
Jan 01: $1200

I have determined that I can live frugally on about $500 per month. I have enough money in the bank right now to last me until some time in January, so if I can make enough to start withdrawing $500 every month (hopefully more as time goes on), I figure that will be enough to live on. Of course, I want to win more than that per month so that I can continue to build by bankroll as well.

In order to accomplish my goals, I would like to be netting $800 or so per month by January. I play sit-and-go tournaments, so at an 8% return on investment (a conservative estimate), that means that I will need to play $10000 worth of games per month. Assuming 180 hours of play per month (right around 40 hrs/wk) and two games per hour, that means that I will need to be playing at the $50+5 buy-in level. Proper bankroll management calls for having at least 15 buy-ins, but I would be more comfortable with more. I am thus going to shoot for $1250 by January (nearly 23 buy-ins).

At the top of this post I will be tracking my progress. The projected total will be based on the exponential function for continuous compounding:

amount = principle X e^(rate X time)

Using this equation, I have calculated the bankroll I should have every Thursday in order to be on pace to hit $1200 by January 1 (adding the $50 deposit bonus brings the total to $1250). Those milestones are the ones listed at the top of this post. In my replies to this thread, I will track my progress in relation to those milestone totals, updating it every week.