Middle Career
What’s typical in this stage: Accumulating assets and Planning for the future.

In our 30s to 50s, we are in the middle of our careers and accumulating assets. If we’ve followed the waterfall plan, we’ve built an emergency reserve, a retirement account, and a few savings accounts to accomplish short and long-term goals. Now is the time to get serious about planning. The first step is to build a Statement of Financial Position: Essentially a list of all our assets and liabilities. InvestorKeep does this automatically with all accounts added to the Platform.

Three necessary aspects of financial planning at this stage are Risk Management, Short Term Savings, Investment Goals & Debt Management, and Long Term Savings and investment.

Risk Management: An annual meeting with a financial professional will serve to evaluate needs for personal insurance. This is a list of insurance that can reduce your life financial risks.