It’s a big ‘aha’ moment — why 50 is a wake-up call for retirement planning

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While your 20s and 30s are typically ages to start your retirement savings plan and develop financial discipline, turning 50 can be an important wake-up call for many investors.

By age 50, investors have a few decades of savings set aside in their retirement plans, their salaries tend to be higher and several milestones are in sight, said Rob Williams, managing director of financial planning at Charles Schwab.

“We…

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