Revenue Sources by Age

How should one think about revenue and the source?   Here's my point of view.

Revenue sources by age.

• Child -   Parents 100%.   One's parents are investing in one's potential.
• Adolescent -   Allowance provided by parents.
• Teenager -  Allowance and/or part time job.
• Young adult -  Wages from employment or earnings from self employment.
• Middle age adult -  Employment wages/earnings mostly and some investment income.
• Senior adult -  Balance of employment earnings and investment income.
• Retired adult -  Mostly social security, pension and investment income.

Importantly, revenue should be greater than expenses to be financially sound.

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This is not financial advice. Please consult a professional advisor.

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