Married With Grown Up Children
This is a stage when you have a well established career and draw a decent income.
As your children are growing, so are your expenses. You may also have to spend on
maintaining the house, for instance renovating the house, replacing old furniture,
etc.
Your Needs
- Child’s higher education / marriage – Your main goal, at this stage,
is to fund your child’s higher education. With your children’s marriages around
the corner, you may want to rearrange your investment plan to fund these joyous
events.
- Retirement planning – Retirement seems to be on the horizon, so
planning for your golden years is a priority.
- Health contingencies –Old age brings with itself a wide range of
health issues. You would surely like to be well equipped to face any eventuality