After reading last week’s post about turning forty, a few people asked me, “What about turning fifty? I don’t have 20 – 25 years to plan my retirement; I have a little over 10 and I am concerned about growing my money but also am much more concerned about what could go wrong.”
Here are five financial moves to make at fifty: 1) Investigate long-term care insurance, 2) Consider converting term policies to permanent life insurance policies, 3) Review your estate planning documents, 4) Adjust your investment risk tolerance and 5) Diversify out of company stock.
Source: Forbes
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