MidLife Consolidation 30's to 40's

Mid-Life Consolidation (30s to '50s)

So now you have a promising career and have been earning a good income for some time. You may even be a business owner. 

You will most likely have a mortgage, and you may even be married with children.  Life has become more serious, and your primary concerns are about paying school fees and paying down the mortgage. 

Now is the time to make sure you have a plan for the future and focus on building wealth through eliminating your debt, ensuring you are adequately protected with the right types of insurance (best taken out when young and healthy) and ensuring that you can protect and provide for your family, as well as continue to build retirement savings as such your focus will consist around these essential considerations. 

Getting good financial advice to ensure that you use your income efficiently to build wealth and minimise tax is critical at this stage of life.