Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Business & FinancePersonal Finance · 9 years ago

What do you do after you get out of debt?

So i'm 31 years old and i'm now completely debt free. No car, house, or credit card debt. What do i do now?

3 Answers

Relevance
  • ?
    Lv 7
    9 years ago
    Favorite Answer

    Build an emergency savings fund with 12 months of living expenses and then start retirement savings.

    You have 34 yrs to save the 3 million you will need.

  • JBS
    Lv 5
    9 years ago

    Congratulations ! - start building an emergency fund - 6 months of expenses at least - save for retirement -

  • -
    Lv 7
    9 years ago

    Save up an emergency fund, then retirement fund, and no you don't need 3 million.

    LOL! Most people don't even make $1 million in their lifetime. I love these Suze Orman, Robert Kyoski jokers.

Still have questions? Get your answers by asking now.