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What’s the most brilliant way to invest in your 50s to ensure a comfortable retirement? In this episode of Beyond the Paycheck, Paula Christine and Kevin Palmieri answer Suzanne’s burning question, diving into practical advice on managing risk, balancing growth, and considering options like bonds and annuities. Whether you’re worried about market downturns or catching up on savings, this episode offers actionable steps to make your money work for you.
Episode highlights:
(0:36) Investments for retiring in 10 years
(2:04) Balancing growth and stability in your 50s
(2:57) Breaking down annuities and their benefits
(5:02) Adjusting investments to manage risk and ensure growth
(7:23) The power of compounding: Early Vs. Late investing
(11:10) Why hiring a financial planner makes sense
(12:43) Overcoming financial planning shame and guilt
(13:34) Outro