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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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Falling victim to lifestyle creep Brown says people in the high-earning decades of the 50s can easily fall into the trap of lifestyle creep. With extra cash—and in many cases, children out of the home also creating an extra cash infusion—he sees larger houses and more expensive cars show up.

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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. Tell the executor of your estate and your close family members where to find the documents.

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12 Essential Tips Every Solo Traveler Needs to Know

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Use the cloud Scan or take photos of your flight and hotel confirmations, credit card and insurance cards, and any other documents that might be useful. Keep these documents in the cloud and on your phone to easily access them from the road.

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