10 Retirement Financial Milestones You Need to Achieve by Age 50

401(k): Reduced fees

If you don’t know where your money is going, you might be in for a surprise. Have you ever considered checking your mutual fund fees and see how much you pay monthly or annually? Most people are unaware that they pay much more than they should instead of using that money to save for retirement.

Verify your fees and ask for the support of a financial specialist to learn how to reduce them as much as possible. Read also 12 Ways to Improve Your 401(k) Plan While You Still Can.

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