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Turning 50
Old 01-15-2018, 03:09 PM   #1
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Turning 50

I'm turning 50 pretty soon. I'm excited because I'll be able to put more money into 401K & IRA. Anybody has any more "financial" suggestions such as AARP etc. etc. This may also help others who are my age
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Old 01-15-2018, 03:15 PM   #2
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Wow, I remember when I turned 50.......hold on, no I don't, it was soooo long ago.
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Old 01-15-2018, 03:19 PM   #3
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I'm turning 50 pretty soon. I'm excited because I'll be able to put more money into 401K & IRA. Anybody has any more "financial" suggestions such as AARP etc. etc. This may also help others who are my age
have you had a colonoscopy yet?
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Old 01-15-2018, 03:20 PM   #4
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I'm turning 50 pretty soon. I'm excited because I'll be able to put more money into 401K & IRA. Anybody has any more "financial" suggestions such as AARP etc. etc. This may also help others who are my age
Hopefully you have started your planning for retirement already?
Estimated your expenses in retirement?
Have an up to date Will, Durable Power of Attorney, Healthcare Proxy, Homestead Declaration (if it applies)?
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Old 01-15-2018, 03:52 PM   #5
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have you had a colonoscopy yet?
LOL... Didn't expect that but truthfully.. yes I have What else to look forward to ?
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Old 01-15-2018, 03:56 PM   #6
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What else to look forward to ?
Becoming completely invisible to anyone not related to you under the age of 20.
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Old 01-15-2018, 04:35 PM   #7
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Get a really fast car... at least once!
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Old 01-15-2018, 04:39 PM   #8
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Target date fund. If you're a risk taker, choose a fund 5-10 years after planned retirement.
Avoid fees.
Have fun!
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Old 01-15-2018, 04:53 PM   #9
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Start chipping away at your bucket list. Try to accomplish the most active parts of your list while you are in your 50's.

I'm 57 and my only regret is not being able to go back to Arusha to climb Mt. Kilimanjaro. It's not that I can't afford the trip, it's the fact that I now have severe arthritis.

I
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Old 01-15-2018, 05:03 PM   #10
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LOL... Didn't expect that but truthfully.. yes I have What else to look forward to ?
Shingrx shot.

omni
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Old 01-16-2018, 08:44 AM   #11
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I'm 57 and my only regret is not being able to go back to Arusha to climb Mt. Kilimanjaro. It's not that I can't afford the trip, it's the fact that I now have severe arthritis.
Aw! sorry to hear that. I don't even have a bucket list... so that's something I'll start working on. Thank you !!
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Old 01-16-2018, 09:04 AM   #12
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I just set an email reminder 7yrs out for myself when I turn 50 to come back and read the tips in this thread!
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Old 01-16-2018, 10:12 AM   #13
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I donít know of any financial benefits other than the 401k and IRA catch-up contributions.

But having watched relatives age, I decided to ramp up international travel for my 50s.
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Old 01-16-2018, 05:16 PM   #14
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LOL... Didn't expect that but truthfully.. yes I have What else to look forward to ?
Arthritis, more and better wrinkles, aching joints, lack of endurance, getting on a first-name basis with the emergency room staff, skin cancer, declining vision and cognizance, multiple types of surgery... why, the fun never ends!

But as long as you don't look up and see tree roots you're doing great!
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Old 01-16-2018, 05:22 PM   #15
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Arthritis, more and better wrinkles, aching joints, lack of endurance, getting on a first-name basis with the emergency room staff, skin cancer, declining vision and cognizance, multiple types of surgery... why, the fun never ends!
That's right, focus only on the positives, without mentioning that there are downsides too....now the OP's going to think it's all fun & laughs.
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