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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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A 2019 study from the Center for Financial Services Innovation, funded by the AARP Foundation, indicated that just 17% of adults 50 and older in the low-to-moderate income range are “ financially healthy.” Guessing at your budget isn’t going to cut it when you approach retirement,” she says. “A A lot of people guess at their budget.