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The Biggest Money Mistakes People Make in Their 50s
Yahoo Finance· 2026-01-15 13:03
People in their 50s are usually in their highest-earning years, giving them a great opportunity to significantly boost their retirement savings. Unfortunately, those who don’t leverage this time might find that retirement sneaks up on them faster than they imagined. Here are some very common money mistakes that people make in their 50s that you want to avoid. Spending Money on Discretionary Expenses Instead of Savings Lifestyle creep is always a risk for savers, but it can be particularly damaging in yo ...