If you're in your 30s or 40s in Australia right now, there's a high chance you're pretty settled in your career. If you haven't purchased your first property yet, you're probably saving for a deposit. The next few years will play a massive role in your financial future and building wealth now could set you up for middle age and retirement.
To find out more about the good choices we should be making, we spoke to FinancePath managing director Mark Attard. Here, he shares his insights into the financial challenges and opportunities you may face in your 30s and 40s, with some practical real estate advice thrown in for good measure.
If you're in your 30s or 40s...
Weddings, babies, cars, your first home — a lot is going on in your 30s, and you may think you have plenty of time to think about your retirement plan later. Mark's advice? Now is the time to take care of your financial wellness and hit some financial goals. "As life goes on, more expenditure comes along, and it doesn't get any easier," he says.