Answer to Question #220497 in Economics for geoffrey

Question

when individuals believe they have sufficient income and assets to cover their expenses while maintaining a reserve for uncertainities, they are most likely in what phase of the investment life cycle

Answer 1

The interval of 25-45 years, when a person realizes his competitive advantages, gains experience, moves up the career "ladder", can take place as an employee and leader, and prove himself in a certain professional status. The return on invested funds begins to generate income, which increases over time, reaching a maximum.