Mid-50s Money Reset: Secure Your Financial Future Before Retirement

• Define a clear retirement timeline to align saving, spending, and risk-taking behaviors.
• Update your financial picture by reviewing current income, expenses, and responsibilities, adjusting if necessary.
• Strategically reduce debt, prioritizing high-interest loans, to avoid carrying financial burdens into retirement.
• Honestly assess retirement savings to identify and address any gaps for your desired lifestyle.
• Simplify investments, update nominations, and plan for rising health costs to ensure a smoother transition.

Why It Matters: Proactive financial planning in your mid-50s ensures a lighter, more secure retirement.