Life Stages

Investment information for different stages in life.


The Smart Investing@ Your Library® has identified 3 generational groups or life stages to focus on. They are: GENERATION X (ages 28-43); BABY BOOMERS (ages 44-62); and the SILENT GENERATION (ages 63-82). Each group or life stage has distinct investment needs.

Generation X (Ages 28-43)

Depending on your situation, you may be saving for a down payment on a house, making mortgage and car payments, supporting a family, or investing in a college fund for your children as well as building your retirement accounts.

Baby Boomers (Ages 44-62)

At this point in your life, you may have more flexibility with your finances. You may be close to paying off your mortgage or perhaps your children are independent by now. If that’s the case, you may be able to put more money into your retirement portfolio or accounts earmarked for other goals.

If you’re in your early fifties, you’re probably not planning to retire for at least another 10 years or so. That means you’ll want to consider keeping a substantial portion of your long-term portfolio allocated to growth—in stock, stock mutual funds, and stock ETFs.

Silent Generation (Ages 63-82)

The Silent Generation is retiring and is also concerned with estate planning.