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Travis L Wright – What I Tell Clients in Their 30s, 40s, and 50s About Investing 

As a financial advisor based in Salt Lake City, Utah, I’ve had the privilege of guiding individuals from all walks of life through their financial journeys. Over time, I’ve found that no matter how different people’s careers or lifestyles may be, the questions around investing often boil down to the same concern: "What should I be doing right now to secure my financial future?" 

The answer, of course, depends on where you are in life. That’s why I tailor my advice based on the decade of life my clients are in. Here’s a breakdown of the investment guidance I typically give to clients in their 30s, 40s, and 50s. 

In Your 30s: Build the Foundation 

This is the decade to lay the groundwork. You still have time on your side, and compounding is your greatest ally. I tell my clients in their 30s to focus on three things: 

Maximize retirement contributions: Whether it's a 401(k), Roth IRA, or other employer-sponsored plan, now's the time to invest aggressively. 

Take calculated risks: You can afford to put a larger portion of your portfolio in stocks or high-growth mutual funds. Don't let fear hold you back—market dips in your 30s are an opportunity, not a threat. 

Automate and forget: Set up automatic transfers and contributions. Let your investments grow in the background while you focus on career growth and life. 

I always remind clients that their 30s are the decade of potential. With the right moves now, their future self will be grateful. 

In Your 40s: Course-Correct and Expand 

By your 40s, life gets real. You might be managing kids, mortgages, or aging parents—all while trying to make sure you're not falling behind financially. 

This is the decade to assess and adjust: 

Reevaluate goals: What made sense in your 30s may not be realistic now. That’s okay. Prioritize based on where you are now, not where you thought you'd be. 

Diversify wisely: Add stability to your portfolio. Real estate, bonds, or index funds can provide balance. You don’t want to be overly exposed to market swings. 

Watch lifestyle inflation: Your income may have increased, but that doesn’t mean your spending should follow. Keep your savings rate high. 

I often tell 40-something clients, "This is your second wind." It’s not too late to grow wealth, but strategy matters more now than ever. 

In Your 50s: Preserve and Prepare 

In your 50s, retirement isn't an abstract idea anymore—it's visible on the horizon. Now is the time to consolidate, protect, and plan for income. 

Shift toward income-generating assets: Think dividends, rental income, or annuities. Your portfolio should support your lifestyle, not just grow. 

Max out catch-up contributions: If you're behind, the IRS gives you a second chance. Use it. 

Rehearse retirement: Try living on your projected retirement budget for 3–6 months. It can be eye-opening. 

Meet with a planner: I always recommend a thorough financial review every 6 months once you’re in your 50s. This helps you stay nimble and informed. 

Ultimately, investing is about clarity, not just capital. Wherever you are—30s, 40s, or 50s—my role is to help you move forward with confidence, purpose, and a plan that reflects your life. 

If you’re not sure where to start or how to adjust, reach out. The earlier we align your money with your future, the smoother the road ahead will be. 

Get More Financial Advice from Travis L Wright 

https://medium.com/@travislwright.fa/travis-l-wright-best-financial-advice-for-beginners-b8a14d173d1f

https://sites.google.com/view/planning-tips-for-beginners/home

https://travislwright.weebly.com/blog/travis-l-wright-the-biggest-financial-lessons-ive-learned-in-my-career

https://travislwrightfa.wordpress.com/2025/05/15/travis-l-wright-my-story-of-becoming-a-financial-advisor/

https://travislwright-fa.blogspot.com/2025/05/travis-l-wright-money-mistakes-most.html

https://www.f6s.com/member/travislwright.fa

https://travislwright-fa.hashnode.dev/travis-l-wright-how-to-build-a-financial-plan-that-actually-works

https://vocal.media/authors/travis-l-wright-a07i20vwb

https://about.me/travislwright.fa

[travislwright-fa]

Based in Salt Lake City, Travis L Wright offers clear, steady financial advice to those seeking modest growth and lasting peace of mind. Whether you're facing a transition or planning long term, he’s a calm, trusted partner on your journey.

[travislwright-fa]

Financial advisor Travis L Wright shares a practical, real-life approach to building a financial plan that’s clear, adaptable, and truly effective. Instead of relying on complex tools or theoretical projections, he focuses on aligning your finances with your actual lifestyle and goals.

Visit link: https://travislwright-fa.hashnode.dev/travis-l-wright-how-to-build-a-financial-plan-that-actually-works

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Serving the Salt Lake City area, Travis L Wright offers financial planning that’s grounded in real-life needs. He works with families, professionals, and entrepreneurs to develop tailored plans for budgeting, retirement, and financial protection. With a thoughtful, steady style and a focus on long-term success, Travis provides guidance that empowers you to make smart financial choices without stress or confusion. His mission is to help you build clarity, confidence, and financial peace.

[travislwright-fa]

Travis L Wright is a Salt Lake City-based financial advisor with a background in operations and entrepreneurship. What began as informal advice for peers evolved into a full-time practice rooted in clarity, empathy, and long-term strategy. Travis helps business owners, professionals, and families build financial confidence through personalized, jargon-free guidance.

[travislwright-fa]

Travis L Wright is a financial advisor in Salt Lake City dedicated to helping individuals, families, and small business owners plan with confidence. He offers personalized support for budgeting, retirement planning, and financial transitions. With years of experience and a calm, consistent approach, Travis focuses on realistic strategies—not risky predictions. He builds long-term relationships rooted in trust, helping clients gain peace of mind and protect what matters most throughout every stage of life.