Financial Planning Keys for Each Decade of Adulthood: 20s, 30s, 40s, 50s, 60s, & 70+

Needs, priorities, aspirations and personal circumstances change over time. But one of the constants amid all this flux, regardless of a person’s age or stage of life, is money — ensuring they have the financial means to get where they want to go in life.

Each decade of life presents a unique set of demands and dynamics that dictate how a person handles their finances. A single, childless person in their mid-twenties likely has a much different outlook on money than a 40-something parent of three, or a 70-year-old recent retiree, does. But as much as financial mindsets and circumstances vary from individual to individual and from age group to age group, each decade of life comes with a distinct set of fundamental financial keys that, if followed, should put a person in position to roll with the changes, meet their needs and fulfill their aspirations, for as long as life happens to last.

Here the personal finance experts at the Financial Planning Association share their financial keys for each decade of life, from the twenties, right through retirement age.
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