Benchmarks for Your Financial Life
I thought I would take the time this week to give you an objective, "incentive-free" look at what your finances should look like when you hit the half century mark. If you are close to that mark, I thought it might be useful for me to lay out the "perfect"
And look - if you're not perfect, at least let it be a
Many people see a doctor when they hit the age of 50 -- well, let this be a visit from a financial doctor, if you will.
1) Your estate plan should be fully in place.
Of course, various assets are handled differently. This is the time to make a complete review of how your plan is put together, to ensure that EVERY asset (not just the tangible ones) are still handled properly.