Your Financial Life in 200-Words

A Lifetime Plan For Your Money

Making your money last long enough is a lifetime’s work. I did

some thinking, and I offer you these major money milestones

everyone should observe:

 20-30: Learn to invest, and start putting some money into

a retirement account. I’m recommending real estate.

 30-40: Keep planning for retirement. If possible, buy a

house. Start saving for your kids’ college.

 40-50: While still saving money, spend some of it to enjoy

life. Talk to your parents about their 􀏐finances to avoid

unpleasant surprises as they grow older.

 50-60: Analyze your retirement plans to make sure you’ll

have enough money to retire. Adjust your saving strategy

if necessary.

 60-70: Start collecting Social Security. Take

advantage of senior discounts. Put aside some of your

savings for long-term medical needs.

 70-80: Analyze your spending. Talk to your adult children

about your 􀏐financial situation.

 80 and up: Make sure your will is up to date. Start

earmarking possessions for your children, or handing off

family heirlooms outright. Spend your money and enjoy!