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Financial Life Cycle (Dependent (Sources of income (Pocket money, Parents…
Financial Life Cycle
Dependent
Sources of income
Pocket money
Parents working payment
Age
0-20
Growth
Age
35-55
Source of income
Full-time job
Child benefit
Maturity
Age
55-65
Source of income
Pension
Wages
Retirement
Age
65-80
Source of income
State pension
Private pension
Independent Stage
Age
20-35
Source of income
Wages from job
Pocket money