By the time you reach your mid 40s, your financial priorities will depend upon how well you’ve planned in the past. Those who have established strong savings and investment plans may be focused on ensuring their assets are still positioned for growth. Those who may have started saving later for retirement may be focused on increasing their savings and budgeting for their futures. At this stage in life, your main concerns and financial focus might be:

• Increasing your portfolio
• Debt elimination
• Family healthcare
• Helping your children
• Considering the needs of aging parents
• Long term care plans
• Plans to enter retirement & retirement income
• Wills and trusts
• Business exit strategies
• Building strong reserves

Regardless of the financial decisions you’ve made in the past, there is still time to make corrections so your future is sound and strong. Your FAS financial advisor can help by making recommendations, outlining any risks, and communicating any possible strengths or weaknesses in your current strategy.