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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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In addition to the length and amount of the policy affecting the cost, finalizing a life insurance quote may require a medical exam before the policy can be underwritten and implemented. Others say to multiply your annual salary by the number of years you have before retirement. How do I know if I need to buy life insurance?

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The Secret to Happiness… Is Just Love

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But as we age, we’re taught that being Real means paying attention in school, landing a good job, earning a steady income, settling down with a family and preparing for retirement. Camille later graduated from medical school, though he was deemed “not fitted for the practice of medicine” by study researchers. Then something happened.

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