Answered

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PLLEEAASEE HEELPPPP MEE!!!!
Write a paragraph or more explaining where you see yourself financially when you are 30, 50, and at the retirement age of 65.

Sagot :

chilljain33

The financial conditions at the age of 30 are ideally required to be independent; at the age of 50, a person must not have any financial burden and while retiring he shall have enough money to sustain for next 10-15 years.

What is financial condition?

Financial conditions refer to the status of an individual with respect to his relation with money. It shows whether a person is in debt, breaking-even or has abundance of money.

The different financial conditions at different ages must be as follows:

  1. At age of 30, a person must become financially independent and may take financial risks, as he is expected to have enough time to recover from any crisis.
  2. At the age of 50, a person must become financially debt-free, and must start saving and investing in safer asset classes.
  3. At the age of 65, a person must not have any debts, and the investments he made must give him fruitful returns so that he can sustain until his death.

Hence, the financial conditions of individual at different ages have been mentioned above.

Learn more about financial conditions here:

https://brainly.com/question/24173679

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