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| a set of consecutive ages that tend to have similar incomes , needs,and expenses. |
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| People who rely on another person for primary financial support |
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| The state of the economy,whether favorable or unfavorable,as measured by economic indicators,including interest and unemployed rates |
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| The highest grade in school or degree completed |
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| A person's work circumstances,whether employed or unemployed,full-time or part-time,self-or other-emplyoed |
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| A person's health factors,whether sick or well , able or disabled,injured or not |
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| Whether married or single, divorced ,separated,etc. |
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| Typical stages of wealth a person accumulates during the life cycle |
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| The sum total of assets belonging to one person--including money , property,and personal possessions |
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| The stage during which most people form a family, begin to work and earn money |
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| the stage that includes the peak earning years, giving money to oneself |
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| the stage of retirement and wealth consumption, money given to chosen ones |
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| Individual and Family Life Cycles |
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| typical stages of life for individuals and families |
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| a family of young adults who marry newlyweds |
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| a child bearing family who has one or more young children |
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| a developing family with childrem growing into middle childhood and early teens |
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| a family with middle aged parents and children leaving home for college |
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| a pre retirement family and no children at home |
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| a family of elderly adults usually retired |
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| families that do not follow then"typical" life cycle stages |
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