Living on earth requires important financial decisions, some of which can affect the quality of your life forever. These 7 are worth your serious consideration.

29. Choosing a Career.
This life-changing decision will affect your earning potential throughout your life. The extra schooling some careers require also ups your college costs.

30. Marriage or Divorce.
Marriage can result in a monetary increase because you are combining assets, whereas divorce involves a division of property, which can be both financially ruinous and emotionally painful.

31 Having Children.
Deciding to have a child affects your finances for at least 18 years, or longer if you send your child to college. Expect to spend from $760,000 to $1.4 million per child.

32. Buying a Home.
Purchasing a home requires a mortgage, insurance, and an income. On the upside, there’s the tax advantage, appreciation potential, and better standard of living.

33. Elder Care.
Taking care of aging parents, or an ailing, elderly spouse, may require long-term care, which can add up quickly.

34. Retirement.
The questions go beyond deciding when you’ll be retiring — you also need to decide where and how you’ll be spending your golden years.

35. Estate Planning.
Smart financial planning will provide you a comfortable lifestyle and ensure that your assets get easily transferred to your heirs after your death.

Don’t take any of these life stages lightly. Seek expert advice from parents, financial advisors, or attorneys before making any decisions.