This is a time of enjoying new found freedom before the responsibility of family and property. Getting on the property ladder is one of the key goals identified in the life stage.
Goals focused on managing funds during retirement and maximising investment returns.
Key objectives during this life stage are focused on paying off the home loan.
Money comes in and goes out, being spent on the household and children. Pleasures are taken in small luxuries and travel.
Retirement is close enough but too far away to pro-actively aim for. However, the desire is there to build wealth and if a mortgage is still there then the key focus is paying it down and juggling the demands of today.
Goals focus on planning for a comfortable retirement and maximising super for retirement. The mortgage tends to be paid off or at a manageable level at this stage.