Banks tighten lending at 60 and beyond. Plan now to stay financially flexible when credit dries up, or you'll be stuck without options when you need them most.
As you get older, the banks don't like lending as much money to you. So then you start asking the question, okay, well, what else can I do? What do I need to focus on? Knowing that that's coming, what do I need to start thinking about now that as that comes along, that it's going to hold me back at a smaller level? So I just want you to start thinking several steps ahead right now so that you're not getting to 60, 62, 65, whatever it is, and the banks turn around and go, No, right? We want to be set up as best as we possibly can that we can move through it.
