7 Mistakes to Avoid When You Turn 65
Neglecting Health:
Keep up with regular check-ups and a healthy lifestyle.
Underestimating Retirement Savings:
Maximize your retirement accounts and consult a financial advisor.
Misunderstanding
Medicare
:
Learn about the different parts of Medicare to get the right coverage.
Ignoring Estate Planning:
Create or update your will and powers of attorney.
Mismanaging Social Security:
Understand when to start receiving benefits for the best payouts.
Neglecting Long-Term Care Planning:
Consider long-term care insurance or Medicaid options.
Lack of Social Engagement:
Stay socially active for mental well-being.
Overspending in Retirement:
Create a budget to make your savings last.
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