Can you imagine what it would be like to go back in time and begin your life again at age 20… but this time with a roadmap to your financial future? You’d be able to walk forward with a strategy for creating success and an opportunity for correcting missteps. Risks would be identified and decisions could be made with confidence, every step of the way. By starting at 20, imagine the progress you might have made in securing your financial future.
Unfortunately we can’t go back in time, but the thought illustrates the power of a strong, well-measured and diversified financial plan that starts early and stays the course. Your financial strategy should consider every phase of your life, from the moment you begin earning in the workforce to the time your work life comes to an end. The earlier you create a plan and formulate a strategy for saving and mitigating risk, the more likely it will be that your financial future is bright.
This month, we’ll be sharing several posts that consider what your financial focus might be from age 18 through age 65+. Regardless of where you might currently be in your life’s journey, the team at FAS can help you navigate every experience.