Assessing Your Timeline
In This Chapter
- How your investment goals depend on your age
- Improving your long-term financial success
- Creating a schedule to meet your goals
- Devising strategies for unique goals
When I was studying for my CFP® certification, one of my much younger classmates reported on a call she’d received that left her aghast. A professional couple in their 50s had called seeking financial planning help and had total savings of $40,000. She kept saying, “How can you get to be that age with no savings?”
Let me tell you how: in your 20s, you’re trying to pay off school loans while having some semblance of a social life. ...