How
to Take Care of Your Money So Your Money Takes Care of You
In Your 50's
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.
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
2006 (c) creditplushealth.com
Credit Plus Health By Sean Toh All rights reserved.