These are the most important things to think about before you get to the point where you even start to wind back your workload or shift your way of life.
Hi Bec, I love the notion of Prime Time. But I wonder what role the age of kids play? For instance, is it feasible to optimise the finance while the kids are still in primary/high school? When you started that your kids are independent now, are you referring to them being in university? Thanks
Hi Rob, you got me. I use the metaphor of "your kids getting their p-plates" because that's often when people find they can see themselves in the mirror again... that and they might finally have started to pay down some of the mortgage and see some financial balance coming back. BUT, that's just a metaphor. In all reality, as you can read in my book, the SOONER you start investing actively in your superannuation the better off you'll be. The real power of compound investing is built on TIME, and the money you have money invested, the better you'll be when you get to retirement.
Hi Bec, I love the notion of Prime Time. But I wonder what role the age of kids play? For instance, is it feasible to optimise the finance while the kids are still in primary/high school? When you started that your kids are independent now, are you referring to them being in university? Thanks
Hi Rob, you got me. I use the metaphor of "your kids getting their p-plates" because that's often when people find they can see themselves in the mirror again... that and they might finally have started to pay down some of the mortgage and see some financial balance coming back. BUT, that's just a metaphor. In all reality, as you can read in my book, the SOONER you start investing actively in your superannuation the better off you'll be. The real power of compound investing is built on TIME, and the money you have money invested, the better you'll be when you get to retirement.