Here are the 6 stages of your life reduced to a single financial graphic

In his play "As You Like It," William Shakespeare reduced the life of man to seven ages.

Now analysts at investment bank RBC Capital Markets have got it down to six.

In a report on global demographic trends, Jay Govender shows how big life events such as getting married and retiring affect how much we borrow and spend.

Here are the six stages of financial life, as explained by RBC:

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

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