The document discusses major life stages from birth through old age. It describes the typical advantages and disadvantages of each period and asks the reader to put common life events in order, identify emotionally and financially draining times, and guess life changes from descriptions. Major life stages covered are birth to 2 years, 1 to 6 years, 7 to 12 years, 13 to 18 years, 19 to 40 years, 40 to 65 years, and 66 years and older. Common life events and changes discussed include marriage, having children, buying a home, retirement, and death.