By the age of 40, you must have cash in your hand. Cash here does not mean saving or liquefying investment, but you must have short-term funds and emergency funds. It’s true that cash will not make you rich, but provide calmness due to its liquid nature for the unexpected. Meanwhile, you can also visit http://brightretirement.co.uk/ to know the recommended retirement financial service that can help you.
For example, if you decide to stop working for a while and continue your education to a higher level.
Ideally, you already have an emergency fund from time to time. At the age of 40, you must maintain this emergency fund. The older the age the more the risk of unexpected events.
Thus, it is important to always maintain an emergency fund or even evaluate the amount to remain relevant.
This cash will be an instrument that expands the flexibility you move, so you are not tied to work and life that is monotonous.