It wasn’t that long ago that retirement felt distant. But here we are, it’s knocking, and the numbers don’t lie.
Your 50s are your financial gauntlet. What you do now determines whether you retire comfortably or work until you can’t.
- Max out catch-up contributions—401(k)s allow an extra $8,000 annually after 50. That’s not optional.
- Pay off high-interest debt aggressively; carrying balances into retirement is financial disaster.
- Get serious about healthcare costs—they’ll devastate you if unplanned.
Reassess everything:
- Can you afford your house?
- Still funding adult children who should be independent?
- Is your lifestyle sustainable on fixed income?
We’re the generation that procrastinated, thinking we had time. We don’t. Most of us are dramatically under-saved.
But we’re also resilient! Fifteen years of focused, aggressive saving can still change your trajectory.
Stop pretending later will be easier. This is later. Act now or face consequences you can’t undo.
