Ultimate To-Do List

 

20's

Save early, regularly, aggressively

Recovery is key

Wait 24 hours before making any purchases 

Get an internship with a nonprofit 

Continue to put money away in savings 

Secure an internship with an apparel merchandising company 

Pay credit card bills on time and in full

Legally my name when I get married 

Change my name on the important documents after marriage 

Talk to my husband about money 

Create a debt payment plan for any debt prior to marriage 

Attend pre-marital counseling

Name spouse as beneficiary 

Continue to live debt free 

Live within my means

Start and continue philanthropic work

Research the non-profits that mean the most to me

Volunteer with children

 

30's 

Save early, regularly, aggressively

Recovery is key

Update will to name a guardian for my children

Revisit the Big 4 worksheets for major life changes

Raise money smart kids

​​Teach children about savings and spending

Teach them how to save for a goal

Continue to save for retirement

Continue to invest money in different areas

Consistently review accounts money is invested in

Start a college fund for my children

Continue to follow ERA (early, regularly, aggressively)

Find a nonprofit to work or volunteer with

Start to teach my children about the importance of helping others 

Teach my children about what legacy they will leave behind

Update my philanthropic giving

Continue to instill literacy to my children

Continue to teach my children to love books

Volunteer with my children and family 

 

40's

Continue to save early, aggressively, aggressively 

Recovery is key

Continue investing with a financial advisor

Max out 401k

Figure out matching for 401k

If I were to leave the job, what happens to my 401k?

Open and continue to invest in a Roth IRA

Invest in assests

Continue to invest in my mutual fund

Save early, regularly, and aggressively

Take advantage of matching for 401k and use Roth IRA

Save for Retirement and be aggressive with savings

Continue to put money away for savings into my mutual fund

Start building my planning team

Purchase long term life insurance 

Put my children through college without going into debt

Talk to my children about their legacy

Talk to my children about their philanthropic heart

Have children pick a family philanthropy

 

50's

Remember that recovery is key

Save early regularly, and aggressively

Continue open communication with my husband ​

If faced with divorce, try for a collaborative divorce

Seek advice and counsel from a professional

Keep anything I inherit in my name only

Talk to my children about my will

Continue open communication with my planning team

Continue to diversify my financial portfolio

Maintain important documents

Continue to update my will 

Talk to my children about what I would want should they be in a caregiving positon

Continue philanthropic ventures

Hopefully sit on the board of either a school or nonprofit

Live within my means

Continue to think about my

Refer to BIg Four Worksheets as I become an empty nester

Serve on a board of a nonprofit

 

60's

Early, regularly, aggressively saving for retirement

Teach my children about ERA

Also, teach my children that recovery is key

Continue to use ERA and recovery is Key in my own life

Legacy building 

Start preparing for retirement

Downsize and start really living within my means

Focus on what really is important to me

Update important life documents

Continue to focus on my health

Talk to my husband about his life plan

Update living wills

Volunteer with many different philanthropies in my area

Continue to give to the family philanthropy we chose

 

70's

Big Four

ERA

Recovery is Key

Continue philanthropic endeavors

Continue to invest conservatively

Enjoy retirement

Work with grandchildren to create a legacy

Make sure wills, trusts, estates are all updated

Continue to live a debt free life style 

 

80's

Continue to live out ERA

Always remember ERA

Continue to be philanthropically involved

Consider caretaking options

Set up trists and estates

Plan everything so my family will be prepared for the end of my life

Work with planning team

Make sure my family is all on the same page for when I pass