"Everyone goes through life at their own pace, so don't necessarily take these to heart. But it is nice to set a benchmark for your goal-setting." - Alex Kenward, Finance Manager
Whether you're just getting started on your financial journey or looking ahead to the golden years, there’s always a new goal on the horizon. So, what should you be ticking off your money checklist as you move through life? Let’s break it down.
In your 20s: Laying the foundation
Your 20s are all about building good habits and setting the groundwork for future financial success. Think of it as your warm-up lap. This is the time to:
In your 30s: Growing your wealth
Your 30s is where you start to hit your stride. With career progression and (hopefully) a boost in income, you’ve got more financial muscle to flex:
In your 40s: Securing the future
By the time you hit your 40s, you’re in the financial big leagues. The focus here is on securing your financial future and setting your family up for long-term stability:
In Your 50s and beyond: The golden years
Your 50s and 60s are all about preparing for retirement and enjoying the fruits of your financial labour:
No matter where you are on your financial journey, there’s always a milestone waiting for you. Compare top home loans, savings accounts and term deposits to help you get there.
Source: Savings.com.au
Margerison, G. (2024, October 17). The financial milestones by age: Are you on track? Mozo - The money saving zone - compare and save. https://mozo.com.au/family-finances/the-financial-milestones-by-age-are-you-on-track