-
Period: to
Young Adult
Ages 15-25 -
Recieving Higher Education
Decide a career path.
Use savings options. -
Buying a vehicle
Plan ahead, but not much.
Definitely save up funds. -
Establishing a savings fund
Not much thought needed, just get it going.
This is literally savings, but is investing for the future. -
Starting a Career
Plan as far ahead as possible.
Save up in case it falls out. -
Period: to
Working Adult
Ages 26-45 -
Getting Married
Save up for this.
Give all planning possible. -
Buying a home
A lot of planning needed.
use both saving and investing options; it's a big purchase. -
Starting a family
Best to plan this with your spouse, but hey, accidents happen.
Savings options are ideal. -
Period: to
Pre-retirement
Ages 46-65 -
Building Net Worth
Planning can start as early as you are able.
invest rather than save. -
Retiring
Plan as soon as you start getting income.
Investing Options work well. -
Period: to
Retiement
Age 65+ -
Going on vacation
Plan so you don't kill your finances.
Utilizes all forms of savings and investings for a good time.
