Are you on track with your finances?
When it comes to life stages, we’re all different. Some of us are all set up with a mortgage, a steady career, and possibly even kids in our mid-20s, while others are footloose and fancy-free well into our 30s.
Some of us are fortunate enough to have a bit of spare cash to put into super or other investments in our 40s, while others are focusing more on paying the bills and putting food on the table. And some of us enter our 60s with the kids long gone and the home loan paid off, while others still have a bit of a way to go before we can really put our feet up in retirement.
So it can be difficult to generalise. But AMP’s 2022 Financial Wellness report says that most working Australians fit one of seven profiles when it comes to their finances.