Broker Check

Early to Mid Career

It's Important to Understand the Stages of the Financial Planning Life Cycle

Early to Mid Career is Your Wealth Building Stage

Develop Good Financial Habits and Create Your Plan for Financial Success

This stage establishes the trajectory for your financial future.  "When is the best time to start this process?", you may ask.  The answer is, YESTERDAY.  The second best time is TODAY.  The point is if you haven't already started this process, you should get started as soon as possible.  The founder of our firm developed a very strong interest in personal finance and investing when he was in his early twenties.  Looking back, over thirty years later, he realizes that financial decisions he made in his twenties, thirties and forties made a profound impact on his current financial circumstances.

Things You Should Consider in this Stage

  • Develop and maintain good spending habits
  • Use debt responsibly
  • Live within your means
  • Start your financial plan for saving, investing and making major expenditures for vehicles, homes and life events
  • Participate in your employer's retirement plans such as 401(k), 403(b) and 457(b)
  • If you're self-employed, start your self-employed retirement account
  • Plan to save and invest outside of your retirement plans
  • Plan for your family needs such as education, health insurance, disability insurance and life insurance
  • Create your estate plan and prepare a will or living trust


Schedule a Complimentary Consultation

Have a Question?

Thank you!