In Your 40’s




In Your 40s

By your 40s, you should have a clearer picture of your long-term financial goals. Reevaluate your retirement savings and make any necessary adjustments to stay on track.

Maximize contributions to retirement accounts and take advantage of catch-up contributions if you’re behind. Review your investment portfolio and rebalance as needed to maintain an appropriate asset allocation.

Consider long-term care insurance to protect against potential healthcare costs in retirement. Update your estate plan, including wills and beneficiaries, to reflect your current wishes and circumstances.

The balance might be shifting between you and your parents.  It way be a time to help them as they become older and need to consider issues such as aged care.

  • Listen

    We sit down with you and listen to what you have to say.

  • Design

    We create and evolve personal wealth solutions to ensure they always reflect your needs and objectives.

  • Realise

    We help you establish and realise your goals and objectives, whatever your stage of life.

What Pride Advice Offers You

A Pride Advice adviser’s expertise in refining long-term goals, especially regarding retirement can help maximise contributions and catch-up options for retirement accounts, ensuring financial security. They also offer guidance on portfolio review, asset allocation, and exploring long-term care insurance. Additionally, advisers aid in updating estate plans to reflect current wishes and may provide insights on managing parental care considerations with empathy and foresight.

Seeking advice from a financial adviser is crucial as they provide personalised guidance based on expertise rather than subjective opinions. Unlike family, friends, or media, Pride Advice advisers offer professional insights tailored to individual needs. Financial literacy is mostly overlooked in formal education, so it is a necessity to obtain expert advice.

Remember, these are general guidelines, and individual circumstances may vary. It’s essential to adapt these recommendations to your specific financial situation and goals and consider seeking professional advice when needed.