Financial Health Score (Part 5)

Feb 11, 2022 11:44:49 AM / by InvestorKeep




Long Term Liabilities

(Approximately Age 20’s-30’s 40%-72%, Age 40’s-50’s 16%-48%, Age 60’s-70’s 8%-24% of your liabilities & net worth)

Obligations and debt that will take longer than 12 months to pay off. Typically these are large purchases.


  • Mortgages (primary or vacation homes)
  • Auto loans
  • Student loans
  • Long term note or loan


Why does it matter?

Debt management is vital to financial success. If you have debt (most people have at least a mortgage or car loan) it’s important for it to be efficient. There are two components when reviewing long-term debt.


1.) The first is ensuring you have a relatively low-interest rate.

2.) The second is to ensure the value of the asset will outlast the cost of the debt.



Visit to learn more and see how we can help you reach your financial goals. 





Written by InvestorKeep

Keep more, earn more, live more.