I saw a post about a demographics report by the analysts from RBC Capital Markets as well as a report from HSBC, thought I'll share them. From RBC Capital Markets RBC says that there are the six stages of financial life:

1. You’re born, you consume.
2. You get a job, you consume a bit more and save a bit.
3. You get married, you consume even more and save a bit less.
4. You get older you consume a bit less and save more.
5. Finally, you retire, and you’re back to consuming again.
6. Then we pass on, hopefully leaving no debts

The chart is here:

Source: RBC Capital Markets

From HSBC HSBC also shows that there's five economically relevant periods in life as well. Here's the chart:

Source: HSBC

Rather blunt and depressing for both, but perhaps when we see the big picture, we might be able think about what we want in ......