Life's Milestones for Millennials: Financial Indepedence By Age 32

These Are The "Right" Ages To Reach Significant Life Milestones

July 31, 2019

The Bottom Line:

  • A survey by H&R Block reveals the average ages people expect certain huge life milestones to be reached
  • Folks say 26 is the “right” age to get married, while 27 is the age to start a family and 29 is the age to buy a home
  • 49% of respondents say their financial issues have kept them from reaching these milestones by these ideal ages
  • Source:Money

Did you hear Bobby Bones talking about this morning? Everyone here at BIG 95.5 were surprised that reaching financial independence ( from your parents ) doesn't happen until age 32!

Growing up people have this idea about what their future life is going to look like, and a lot of people set expectations for big life events to happen by a certain age. Well, we all know that isn’t likely going to happen, but now a new survey reveals what most people feel is the "right" age for big life milestones, like getting married, having a kid, etc., and they definately seem a bit idealistic.

According to a survey by H&R Block, the average ages people expect certain huge milestones to be reached, include:

  • Get married – 26
  • Start a family – 27
  • Buy a home – 29
  • Expand family – 30
  • Reach financial independence – 32
  • Build a forever home – 37
  • Feel the most content – 38
  • Retire - 63

Now if you haven’t even come close to reaching these milestones by that age, don’t worry, you aren’t alone. The survey notes that 49% of respondents say their financial issues have kept them from reaching these milestones by these ideal ages. And apparently a lot of people are stressing out about it, with 36% of folks saying they put pressure on themselves to reach them.

Source:Money

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