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10 Retirement Planning Mistakes People Make at 50

As Patrica Amend writes, “Reaching age 50 is a milestone that most of us celebrate.  After acknowledging this momentous birthday, Austin Frye, a certified financial planner (CFP) at the Frye Financial Center in Aventura, Florida, invites prospective clients to a financial review. With those who have done little budgeting or saving, he’s direct. “You have one last chance to put yourself on course to achieve a successful retirement,” Frye tells them. “It’s time to talk about saving more, spending less or both.”  Some folks listen, but others don’t.  Following are 10 errors that Frye and other financial planners see 50-year-olds make that may, indeed, have serious consequences down the road.”  Read more.