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In your 50s? How to get serious about planning for retirement

In your 50s? How to get serious about planning for retirement

Finance
Once you're in your 50s and the end of full-time work is no longer a distant concept, it's a good time to get serious about planning for the next chapter of life.Whether you intend to entirely leave the work force at some point or keep a foot in it, financial advisors say there are things you can do now to better prepare yourself financially. "Sometimes people don't really know how to assess their future needs and don't want to talk about it," said certified financial planner Charlotte Dougherty, president of Dougherty & Associates in Cincinnati. "But a lot of times there are opportunities at that age to really move the needle on your retirement planning."Peter Cade | Getty ImagesHere are five aspects of your financial life that take on new meaning in your 50s, and what they mean for y...