Financial Planning: 60s - Deepstash
Financial Planning: 60s

Financial Planning: 60s

  • Save a total of eight times your annual salary in your retirement funds,
  • Pay off all your mortgage, loans & debts before retiring,
  • Use catch-up retirement strategies like downsizing, moving, working longer, selling assets, if required.
  • Learn new skills to transition to retirement or "second act" job or a volunteer role.

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theromilshah

Community Content Curator 😌 Self Help ✨ Mental Health 😇 Productivity 📈 Career Success 🎯 Sci-fi 🎬 Coding 💻 Comedy 😹 Creativity ✍️ Human Relationships 🤝 Want a listener? 🗣️ Let's connect on Instagram: romilswritings

[4/4] Personal Finance is a very crucial concept that is often ignored. This is an attempt to spread awareness related to personal finance.

The idea is part of this collection:

The Psychology of Money

Learn more about moneyandinvestments with this collection

How to develop a healthy relationship with money

How to create a budget

The impact of emotions on financial decisions

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Financial Planning: 40s

Financial Planning: 40s

  • Save a total of three times your annual salary in your retirement funds, or at least 15% of gross income,
  • Establish college funds for children (if applicable),
  • Increase your investing expertise & diversify your investment portfolio assets,
  • Improve your job skills and ...

Financial Planning: 30s

Financial Planning: 30s

  • Take charge of your finances,
  • Completing your education,
  • Repay your student loan completely,
  • Create emergency funds of 3-6 months,
  • Save a total of one annual salary in your retirement funds,
  • Start life insurances & policies to protect dependents,

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