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:

  1. You have no outstanding debt, or you have a manageable level of debt.
  2. Your credit score is excellent.
  3. You have a well-funded emergency fund.
  4. You have a fully-funded retirement account.
  5. You have no financial obligations to your children or other family members.
  6. You have a diversified investment portfolio.
  7. You have a financial plan that covers all aspects of your life.
  8. You have an estate plan in place.
  9. You have a will that is up to date.
  10. You have a power of attorney that is up to date.
  11. You have a living will that is up to date.
  12. You have adequate life insurance coverage.
  13. You have adequate disability insurance coverage.
  14. You have adequate long-term care insurance coverage.
  15. You have a budget that you stick to.
  16. You live within your means.
  17. You have a positive net worth.