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How to Take Care of Your Money So Your Money Takes Care of You In Your 50's

The Four Steps To Financial Freedom - Sean Toh
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Step1 - The road to financial freedom is to have great health so that you are in good shape to learn.

 

Step 2 - An open mindset to start learning and practicing what you have learned.
Step 3 - Investing your time in your financial & health education so that you are in control of your life to create wealth to enjoy a better life.

 

Step 4 - Enjoy the wealth that you have created because you have been taking care of your health.


 

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In your 50s…

Start your bonding

Though stocks should still make up the bulk of your portfolio, shift about 20 percent of your retirement assets into bonds.

Speed up your mortgage payments

If you intend to stay in your home, pay more now so that you can head into retirement without large, looming monthly bills. In the Mortgages section at bankrate.com, you can calculate how much less time it will take you to own your house fully if you up your payments; you'll also be able to see how much you'll eventually save on interest fees.

By Suze Orman


   
 

 

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Credit Plus Health By Sean Toh All rights reserved.