The Carr Report: Age 40 and over? Zero F-ups left to give!

Approximately 10 years ago, I wrote an article entitled, “Look at what you can do when you’re 40.”& In this article I shared a story about my aunt on her 40th birthday.& She was in a state of happiness as she danced and pranced with the biggest smile screaming, “Look at what you can do when you’re 40.”& I likened this to personal finance. When we’re in our 20s, we’re just getting started. Everything is new, fun, and exciting. New college degree or polished skills we take into the workforce to earn a living.& First apartment or house. First car. We meet new people and forge new relationships. We start a family.& When we’re in our 30s, we begin to fully understand our parents’ struggle and sacrifice raising us.& We begin to stabilize our life and appreciate what we have.& We’ve been through some ups and downs.& We summarize that maintaining our children, health, relationships, homes and cars is a daily grind and a huge financial load.& When we’re in our 40s, our children are more independent or grown and on their own.& We’ve paid off some debt. We’ve saved and invested money. We’ve accumulated some stuff.& Bigger and newer...