As you approach your 40s, reevaluating financial decisions becomes essential. Questions arise about past purchases and their impact on future retirement goals.
Starting a financial plan before 40 is crucial. Maxing out contributions to retirement accounts like 401Ks or IRAs enables financial independence by age 40.
Paying off high-interest debt should be a priority before turning 40. Eliminating this burden allows for more savings towards retirement and reduces overall financial stress.
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