6 Ways to Build Wealth in Your 50s

gcontentPublished: January 29, 20182,711 views
Published: January 29, 2018

Here's how to shore up your finances in the final push to retirement.
Midlife is filled with challenges and opportunities. Yes, you might be in the thick of paying for college, but soon all those other costs that come with kids should be behind you—or so you hope. And while losing your job may be a bigger risk now that you’re older, you’re also likely in your peak earning years.
When you’re making the most is also when you should squirrel away the most. Some 40% of successful savers—those who built nest eggs equivalent to 10 times pay—did so by saving 15% or more of their incomes for at least 10 years, a study by Hearts & Wallets found. Here’s how:

Recommend tags
  • money+1
  • tips+1
  • investment+1