Financial
Lifecycle
The main purpose of timelines is to display a series of actions within a particular time interval. Timelines can cover a bigger time period, they should not be very detailed. Howbeit, it is possible to add images, data, or figures.
Stage 3: Growth/Development
Age mid 30's - mid 50's
*Wages can begin to rise.
*Most begin to settle and start families.
*A bigger sense of responsibility develops.
*Large mount of income spent on mortgage/rent.
Stage 5: Retirement
Age 70+
*Rely on pension for income.
*Most have mortgage paid off.
*more of a dependent on healthcare services.
Stage 1: Dependance
Ages 0 - 20
*Living at home with parents/guardians
*Little income = Xmas, birthdays, communion.
*Depend almost entirely on parents .
*Gov. give parents Child Benefit €140 per child
up to the age of 18.
Stage 4: Maturity
Age Mid 50's to late 60's
*Reach the peak of career = income reaches max.
*Put children through school/college.
*Some retire early.
Stage 2: Independence
Add date here.
Age 21 - mid 30's
Add the event here.
*Taking up 1st full-time job
*Earn own income. Not dependent on parents.
*Find own place to live.(mortgage)
*Travelling the world.
*A lot of setbacks can occure at this stage
You can add a few highlights here or if you want to add detailed description you can use the Notes feature.
