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Factors about the way a person lives and works that affect his/her financial income, needs and expenses. |
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A set of consecutive ages that tend to have similar incomes,needs, and expenses. |
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People who reli on another person for primary financial support -- e.g., children,spouse,other family members. |
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The state of the economy, whether favorable or unfavirable, as measured by economic indicators,including interest and unemployment rates. |
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The highest grade in school or degree completed. |
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A person's work circumstances,whether employed or unemployed,full-time or part-time, self- or other-employed. |
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A person's health factors,whether sick or well,able or disable,injuired or not. |
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Whether married or single,divorced,separated,etc. |
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Typical stages of wealth a person accumulates during the life cycle. |
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The sum total of assets belonging to one person---including money,property,and personal possessions. |
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The stage during which most people from a family,being to work and earn money. |
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The stage that includes the peak earning years,giving money to oneself. |
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The stage of retirement and wealth consumption,money given to chosen ones. |
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Individual and Family Life Cycle |
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Typical stages of life for individuals and families. |
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