The financial services industry tends to focus on how important it is to get started as early as possible. Starting to invest in your 20s provides a powerful advantage through compounding, but investors in their 30s, 40s and 50s have significant opportunities to build wealth and meaningfully improve financial outcomes.

There’s a common reaction from older investors that just get started – they hear the benefits of starting early and regret that they did not begin investing sooner. This sense of ‘missed years’ of compounding can discourage action, but we should reframe the issue instead of dwelling on what could have been. Every life stage has different advantages, and investors that are 30-40+ often possess financial strengths that…