AI-00011 50 Signs of good financial health at 55
50 Signs of good financial health at 55
Here are 50 signs of good financial health at 55:
- You have no outstanding debt, or you have a manageable level of debt.
- Your credit score is excellent.
- You have a well-funded emergency fund.
- You have a fully-funded retirement account.
- You have no financial obligations to your children or other family members.
- You have a diversified investment portfolio.
- You have a financial plan that covers all aspects of your life.
- You have an estate plan in place.
- You have a will that is up to date.
- You have a power of attorney that is up to date.
- You have a living will that is up to date.
- You have adequate life insurance coverage.
- You have adequate disability insurance coverage.
- You have adequate long-term care insurance coverage.
- You have a budget that you stick to.
- You live within your means.
- You have a positive net worth.