Working Adult or Parent Zachary Miner
Title: adult A person who is unmarried, employed and in the age range of 35-44 is considered a working adult.
Title: working couple A married couple that are ages 35-44, are employed, and have no children are considered a working couple.
Title: working parent A working couple, or adult with a child or children are considered a working parent(s)
Ages 35-44 All of the titles specified above are classified in the age group of 35-44 years old.
People is this financial class make around 60,000 dollars a year. Income: individual People is this financial class make around 60,000 dollars a year.
Income: family Families make slightly less each year, with an average of about 50,000 a year per household.
Individual goals Upgrading career training Need for greater income due to expanding needs Establishing retirement goals
Family goals Upgrading career training Building on children's’ college fund Developing insurance needs, and making a will for head-of-household Need for greater income due to increased requirements to meet Establishing retirement goals
Individual needs To keep a steady saving fund for retirement To have a sufficient amount of money in an emergency fund incase of loss of job, accident, or tragic event To have a financial plan set up until ready for retirement
Family needs Steady source of income A will setup for children An education fund Starting a retirement fund
Adult/Parent expenses Wether you have children or not at this age the expenses are nearly the same. Pay the insurance bill, mortgage, retirement, and any other expenses that comes with that specific plan. Parents extra expenses include, feeding clothing, and providing for their children.
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