To help you reach your goals during life's journey, we've created an "investing by age" series to cover different investment strategies for each decade of your life.
While in your 20's, saving for retirement might not be the definition of fun, but it comes into focus during your peak earning years and helps you avoid having to work after your prime.
Whether you’re saving early and often, systematically adding to your investment portfolio or staying the course in times of uncertainty, time has the power to turn small habits into incredible results. With that in mind, here are the most important things you should do in your 20s. With that in mind, read the most important things you should do in your 20s here.
While in your 30's, Roth IRAs, 401ks and how you save your money become more important and take a higher priority when it comes to thinking about your financials.
The right investment strategy to reach your goals shifts as you age. Once you reach your 30s, the looming worries of graduating, starting a career and climbing out of the student loan debt hole probably have been replaced by more domestic concerns.
Your 30s are the time to begin building lasting wealth to meet life’s growing demands. Read the six ways to focus your investing strategy as you navigate your 30s here.
While in your 40's, you’ve established financial goals, invested in your workplace retirement accounts, and set aside money. Now it’s time to make sure you’re investing all you can for retirement.
The good news? You’re moving into your peak earning years, which means you can start making up for any lost investing time. There are plenty of late investors who still reach their retirement goals. It’s all about making smart financial decisions now. Read the top strategies to put in place in your 40s to plan for your future here.
While in your 50's, as the years countdown to retirement, you may wonder if you’ve invested too much or not enough, among other concerns.
For most of your life, saving for retirement probably wasn’t a high priority. But as the years count down on your career, nerves set in and rhetorical questions start flooding your head: Have I saved enough? Was I smart to try aggressive investing? Do I have the right kind of insurance?
Planning for retirement isn’t the most straightforward process, but we recommend reading these 10 steps as a great place to start.
If you’re dreaming about retiring early, you’re not alone. And for some people, it’s not just a dream. It’s a reality made possible by strategy, hard work, and determination.
Still, it’s understandable if you feel anxious. After all, most Americans aren’t saving for early retirement. Others feel overwhelmed by uncertainty in the stock market, tax law, and global events.
There’s good news, though. If you have questions about whether there’s anything you can do to make sure your retirement stays on track, the shower answer is: yes, there are steps you can take.
Read some ideas to ensure you make a smooth transition into retirement, whether it’s this year or in the next few years. Be sure to also grab the checklist at the end, and use it to help you stay focused on the road ahead.