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Financial Life Cycle


"Change is the law of life. And those who look only to the past or present are certain to miss the future.” –John F. Kennedy

  • The financial life cycle chart was created by Bert Whitehead, founder of Cambridge Advisors and author of Financial Dysfunction- Why Smart People Do Stupid Things with Money. The life cycle chart represents transitional stages in our lives as they relate to our age and our financial progress.

    To measure your financial progress through the financial life cycle, find your age on the chart and then compare your current financial progress to the benchmark for that stage. That is, how does your net worth compare to your annual income? Or, how does your investment portfolio compare to you annual living expenses? For example, if you are between the ages of 40 and 55, your net worth should be roughly 3 to 7 times your annual income and you should be in the rapid accumulation stage of your financial life cycle. If you are between the ages of 55 and 70, your investment portfolio (not net worth) should be 7 to 10 times your annual living expenses, and you should be in the financial independence stage of your financial life cycle.

    No matter where you find yourself on the financial life cycle, there are strategies you can use to accelerate your progress to the next stage

    If you are interested in moving quickly toward financial independence (or on to subsequent stages), contact us. We can discuss your current position and set a plan to help you reach the next stage quickly.

    Click here for Page 1 of the Lifecycle (PDF)

    Click here for Page 2 of the LIfecycle (PDF)


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