Retirement planning tips for individuals over 50

Boost Savings: Ramp up your retirement savings contributions.

Catch-Up Contributions: Take advantage of catch-up contributions in retirement accounts.

Debt Reduction: Prioritize paying off high-interest debts before retirement.

Healthcare Planning: Understand Medicare and plan for healthcare costs.

Diversify Investments: Rebalance your investment portfolio for stability.

Budget Wisely: Create a detailed retirement budget and stick to it.

Consult a Professional: Consider consulting a financial advisor for personalized guidance.

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