You have scaled the career ladder and are in the peak years within your field having reached a peak where energy and enthusiasm are matched by experience and wisdom.
Peak earning years are ripe for you to finally enjoy hard earned wealth, but it is important to maintain good investment habits built up in your 20s and 30s. It is now possible to start enjoying the fruits from the financial seeds planted in the last two decades and alongside supporting children in their last phase of dependence, you should now be keeping an eye on the upcoming retirement.
Flying the nest
Dependents are becoming less dependent as the children grow up but still require help from mum and dad. This frees up both your time and resources to focus more on solidifying retirement with solid investments.
Approaching the end of the mortage
After a long period of disciplined mortgage payments, now in your 40s and 50s payments are likely reduced lifting a burden off your shoulders as well as providing more liquidity to put towards retirement investments and enjoy your wealth now too.
Peak earning
Investing for the future as well as treating yourself is more possible than ever before as you are now likely in your peak earning years as you are highly qualified and experienced within your field. Spend a portion of what you have rightly earned, and also keep up the investment strategy as you approach the retirement finish line.
Leisure time
Don’t forget to enjoy yourself! Many decades of consistent, rigorous saving, investing and professional development can strain even the most disciplined mind – it is important to reward your efforts and take earned time off, avoiding burnout as you approach retirement is key.
