Five Money Mistakes YOU MUST Avoid In Your 50s

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You are in your 50s and you're in the final stages before you finally get to retire....let's not mess up your retirement by making money mistakes.

It's important to not get too cautious as you gradually move towards retirement. While you always have to tread carefully, don't all of a sudden become super conservative with your money...there is still growth potential in your 50s.

It is an absolute necessity to start establishing a retirement plan in this stage of life as well. Figure out what you are going to need to live happily & comfortably, and figure out how you're going to get there...DO NOT make the mistake of retiring too early.

Just because you are in your 50s does not mean that it's too late to do anything with your money. While you may not see the returns that you would once have given the smaller timeline, you can still make smart investment decisions that will help your retirement 5-10 years down the line.

If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can email Info@Parallelwealth.com or call 604-256-1151 and we will set up a meeting with you.
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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

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Видео Five Money Mistakes YOU MUST Avoid In Your 50s канала Parallel Wealth