The Major MONEY Milestones To Hit By EVERY Decade!

By the time you reach financial independence, you should have around 20 times your income invested. But how do you actually get there? While everyone's financial journey differs, each decade comes with key milestones worth targeting. These financial benchmarks will help keep you on track toward a secure future. So today, we're going to cover the major milestones on the way to

financial independence for each decade, including some income and net worth targets to hit based on some of the most recent data. Starting off with your 20s. This decade comes with a lot of new challenges. You're likely out of college or some other form of education, and you're entering your first full-time workforce, and life comes at you pretty

fast. This decade dumps new costs on you one after the other, like an apartment, a car, insurance, and even some student loan payments. And if you're not careful, it can quickly snowball out of control. That's why the major money milestone to hit in your 20s is master discipline. This isn't a traditional milestone with a finish line, but rather

a daily behavior that many fail to develop on their financial journey. The first key discipline is avoiding high-interest debt. Credit cards and other debts with a 10 to 20% APR can derail your wealth-building journey since you can't reliably out-invest these rates. If you're paying 20% interest while earning only 8% on investments, you're already losing

money. While lower-interest debt like a 5% student loan might be manageable, prioritize eliminating high-interest debt first. The second discipline is creating forced scarcity by automating wealth-building. Set up automatic transfers from your paycheck to your 401k, especially getting those free employer matches, your Roth IRA, or your brokerage accounts. This helps you adapt to living without that money available