Old National strives to be your partner through each phase of life. Whether you’re searching for your first apartment, planning your dream wedding, expecting your first child or working toward retirement, Old National provides the financial knowledge and products to help you each step of the way. Life can be complicated, but Old National wants to help make it a little bit easier. Our financial guide can help.
Moving Forward Years
You’re focused on career growth and advancement. As your income increases, you may be focused on establishing a household, traveling or entrepreneurship. You’re tech savvy and expect technology to make your busy life easier. You may have a basic understanding of finances, but you may still be a novice in some areas of personal financial management.
You may be in college or just out of high school and entering the work force. With a lower income, you want to stretch every dollar you make. While you may manage your own finances, you still have questions and often rely on others for advice and direction. Mobility and convenience is an expectation and way of life for you.
Your financial life is complex, as the focus moves from yourself to a family commitment -- with family defined in broad and ever-changing ways. You may face growing expenses such as a larger home, multiple automobiles and tuition for yourself or your children. You may find it difficult to balance cash flow and day-to-day financial demands with long-term savings goals for retirement.
If children or other family members are becoming less dependent on you financially, your earnings may peak. Your focus may shift to catching up or maximizing retirement savings; however, the desire for “the good life” can compete with savings goals. And though the nest may be empty, the financial needs of adult children and aging parents can create new burdens.
Your life is active and interesting. It’s a time to enjoy new freedoms away from the demands of a career, although you may choose to continue working. Your financial focus is moving from accumulation of wealth to preservation and management of assets. Health concerns, changes in family structure and a changing economy can create new needs for financial advice and assistance.
