Building a lifestyle

The house we live in only becomes a home when the warmth of our family and cherished memories surround us. Building a lifestyle means that have the time and means to make many more.

The choices you make and the habits you develop in the facing changes stage may impact how much financial freedom you have led into your retirement years.

Some of the challenges you may be facing over the next few years:

• Managing costs of living
• Stabilising career path or business
• Funding increased consumption or improved lifestyle
• Changes to family structure e.g. blended families, separation
• Continued support of dependants (e.g. education etc.)
• Insurance review in accordance with income and obligations
• Estate planning considerations

A major focus at this stage should be wealth accumulation, so now is a great time to get smart with money.