Part 7/9:

It’s vital to periodically review your financial plan, adjusting as your life and income evolve. Flexibility ensures staying on track and adapting to unexpected changes.

The Catch-Up Option: Can You Still Achieve Financial Goals After 40?

Many fear that delay makes goals unattainable. However, age 40 is far from the end of the road. An old African proverb suggests that the best time to plant a tree was 20 years ago, but the second-best time is today.

Even if you haven't started early, 20+ years of remaining working life still provide ample opportunity to catch up. Adjustments like spending less, working longer, or monetizing assets can help bridge gaps.