If you’re over the age of 30 and make more than $150k per year, you should have the following checked off your list.
KIDS OR NO KIDS:
1. 6-month emergency fund
2. Personal Long-term Disability Insurance (not what you have at work)
3. Personal Umbrella Liability Policy Insurance
4. Completed estate plan
5. Maxing out your 401k
6. Maxing out your ESPP
7. Maxing out your HSA
8. No credit card debt
IF YOU HAVE KIDS, ALSO:
1. Supplemental term life insurance (not what you have at work)
2. 529 Plan for college savings
If you have these in place, pat yourself on the back. You are a financial adult!
