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Thinking About Retiring in Your 50s? Be careful!
It’s a dream that many mid-career people have…packing it all in while you’re still able to enjoy life to the fullest. If that’s a goal that you have, and you’re gearing your lifestyle and wealth accumulation strategies around it, we wish you all the best. But we also note that retirement can be a long time, and there are many potential pitfalls that can, often without warning, derail even the most sound plans. Financial market unpredictability, for example, can wreak havoc on asset plans, and the nagging issue of healthcare costs can likewise dent your financial picture if you’re not careful. The Motley Fool’s Maurie Backman. in post on USAToday, takes a look at some potential “financial hiccups” you need to consider if your intent is to escape the workforce before age 60. Check her post out here.
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