Money Dos and Don’ts at Each Stage of Life
1.5 CE Credit | 75.25 minutes
This course examines key financial planning considerations across major life stages, with a focus on how saving, investing, and spending decisions evolve over time. Participants will explore foundational strategies for early-career individuals, including retirement plan funding, asset allocation, emergency savings, and credit management.
The course then transitions to mid-career priorities, such as homeownership, education planning, insurance needs, and balancing multiple financial goals. Finally, it addresses preretirement and retirement considerations, including wealth preservation, lifestyle spending, retirement income planning, tax management, and estate planning. The session offers practical applications to help financial professionals guide clients in aligning financial decisions with long-term objectives at each stage of life.
Learning Objectives
- Identify key financial priorities and risks that individuals face in their early-, mid-, and late-career stages, including saving, spending, and investment considerations.
- Evaluate the role of employer-sponsored retirement plans, asset allocation, and emergency funds in building a strong financial foundation for younger clients.
- Analyze common mid-career financial decisions, including homeownership, education funding, insurance planning, and balancing multiple financial goals.
- Assess the impact of lifestyle inflation and spending behaviors on long-term financial outcomes, particularly as clients approach retirement.
- Apply strategies for retirement readiness, including income planning, tax management, and estate planning, to support clients transitioning from accumulation to decumulation phases.
To earn a credit, review the video/materials and take the exam by clicking below.