You are young, fairly fresh out of school and just starting your career. You may have long term financial goals such as retirement and short term goals such as buying a new car. This is also a stage when you may begin to accumulate assets and possibly debt, the later being less desirable. If managed correctly, debt can help to establish a strong credit rating which will help you acquire larger assets like your first home. Time is on your side right now when it comes to investing. Consider starting to build your short and long-term savings early to establish emergency reserves and funds in tax-deferred vehicles for retirement goals.
Choose a life event below that describes your life at present to view financial planning strategies tailored to your needs - specific to a life event.
Long-Term Financial Goals:
Retirement Planning - Early Planning
Buying a Home
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Planned Life Events:
New Job/Career
Buying a Car
Getting Married
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Unplanned Life Events:
Deep in Debt
Loss of a Job
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Life's Journey Where Are You
Introduction
Getting Started
Building Assets
Growth & Protection
Pre-Retiree
Retiree