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“To Do’s” for 20-34 Year Olds

Life in your twenty’s and early thirty’s brings about many changes. Typically, you are going to college, starting your first job, buying your first home, getting married, having a family, and more. Consider the following “to do’s” when you are going through these life events:

Investments

• Create a financial plan
• Review and participate in your employer’s retirement plan
• Save for first-time home purchase
• Evaluate and combine financial investments with new spouse
• Adjust portfolio for birth of child and development of college fund
• Begin retirement savings
• Start an investment plan
• Purchase life insurance when getting married or having children

Insurance

• Consider renter’s insurance while living in an apartment
• Combine insurance policies with new spouse
• Obtain car insurance with first car purchase
• Purchase or increase homeowner’s insurance with new home
• Reevaluate and combine insurance coverage for best rates
• Consider an umbrella liability policy to protect your growing assets 

Legal

• Create or make changes to will when getting married or having children
• Develop a trust agreement with birth of children
• Acquire representation for real estate purchase or sale contracts
• Seek representation for general litigation, personal injury
• Hire legal help with start of new business

Real Estate

• Purchase first home
• Consider resale value when purchasing first home
• Sell first home and purchase new home
• Take a transfer and need a new home quickly
• Sell home by owner
• Consider purchase of investment property

When it comes time to plan and act on life’s events, call the experts at the Financial Mall for priceless advice and expert service.

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