Financial Goals By 40! 8 Goals To Achieve

Yusra3

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Here are 8 financial goals to achieve by the time you're 40 years old.

1. Save $1000 in your 401k or retirement account every month.

2. Have at least $10,000 in an emergency fund.

3. Pay off all your credit cards by the time you're 25 years old (or sooner if possible).

4. Have at least $100,000 in savings for retirement by age 40 (or shorter term if possible).

5. Do not have any student loans or other debts by the time you turn 35 years old (or earlier if possible).

6. Put 10% of your take-home pay toward saving for retirement each week (or less if possible).

7. Have at least $50,000 saved up for your house down payment by the time you turn 40 (or shorter term if possible).

8. Set up a homeowners insurance policy with a deductible at least equal to 1/3 of your annual income total each year (or less if possible).
 
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