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Period: to
death
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establishing a savings fund(15-25)
requires advanced planning and will take most of their years to fully develop it -
buying a vehicle(15-25)
Requires an advanced saving plan and time depends on your amount of income from your small job or parents of Grandparents. -
receiving a higher education(15-25)
advanced saving to pay for your education dept to the school you went too. the time will be about 20 years -
starting a career(26-45)
requires saving still but not so much of advanced planning because you did all of this while in you higher education -
building net worth(26-45)
requires saving, and lots of advanced planning and possibly investing -
buying a home(26-45)
requires advanced planning, saving, and investing -
getting married(26-45)
advanced planning is usually very minimal depending on the women and saving would be the only option -
starting a family(26-45)
advanced planning is absolutely necessary, and saving would be really important for the future of you kids and your retirement -
going on vacation(46-64)
saving and investing is a good idea and making sure you good with work and/or if you have piled up paid sick days so while on vacation you are still getting paid -
Retiring(65+)
saving would not be necessary because you obviously should have already and investing is big so you can still make money off the market for your kids and/or grandkids after you pass
