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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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To help protect your financial future, learn about how to prepare for retirement in your 50s, the biggest financial mistakes people make at this juncture and how to avoid them, according to financial planners. Guessing at your budget isn’t going to cut it when you approach retirement,” she says. “A Most people are still 17 years away.”

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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. Others say to multiply your annual salary by the number of years you have before retirement.

Policies 264
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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

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Karen Akpan, known as @themomtrotter across social media, started her blog in 2017 to document and share budget travel hacks for people. It’s called ‘lifestyle creep’ when you’re done with school so you think you have more money and can afford more things,” Akpan says. Then, in 2019, she lost her job. I could do it, too.’

Travel 306
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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

Karen Akpan, known as @themomtrotter across social media, started her blog in 2017 to document and share budget travel hacks for people. It’s called ‘lifestyle creep’ when you’re done with school so you think you have more money and can afford more things,” Akpan says. Then, in 2019, she lost her job. I could do it, too.’

Travel 246