The 6 Factors to Consider Once You Reach 50

By on December 21, 2018
Reach 50

While 50 might be the new 40, there are still some important factors to think about once you hit the milestone. Every decade you enter will offer its own set of challenges and will result in different priorities, so it often helps to be prepared for any eventuality.

If you want to live a happy, healthy and long life, here are the six factors to consider once you reach 50.

Your Oral Health

Unfortunately, your risk of developing gum disease will increase as you age. According to the Centers for Disease Control and Prevention, 47% of adults over 30 will have some type of gum disease, and the statistic will grow higher with each passing decade.

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You’re also more likely to experience the oral complaint if you have diabetes or heart disease. For this reason, you must routinely attend dental appointments to ensure your teeth and gums remain in perfect health.

A Life Insurance Policy

If you haven’t already done so, you must take out life insurance, which will provide your loved ones with some financial protection when you pass away. As the likelihood of you developing a health condition will rise with each passing decade, it is a smart decision to discover the best term life insurance for your needs and budget, which could potentially cover the cost of your funeral, outstanding debts, or mortgage.

Retirement Contributions

As retirement will soon be a reality, it’s essential to think carefully about your financial future. Ensure you never struggle for money once you leave employment forever by contributing a little more cash into your 401(k), IRA, or another retirement plan. It will ensure you can enjoy the relaxing retirement you deserve.

Non-Tax Deductible Debts

This is also the decade to pay off any non-tax deductible debts before you reach retirement age, such as credit cards and loans. Doing so will ensure you aren’t forced to spend your hard-earned retirement savings on paying off your debt, which could seriously impact your quality of life. Doing so will allow you to enter retirement debt free so that you can enjoy the many decades left of your life. If in doubt, consult a financial advisor for assistance.

A Savings Fund

In addition to paying off debt and increasing your retirement contributions, it won’t hurt to grow your savings pot, either. If you’re a parent and your children have recently flown the nest, you might be tempted to splash the cash a little more. However, don’t give in to temptation and save the money so that you can retire comfortably.

Write a Will

The majority of Americans reportedly do not have a will. If you have yet to write one, there is no guarantee your loved ones will receive your estate, as this will depend on where you live in America and your family’s status. Ensure your loved ones will receive your property and savings by writing a will if you haven’t already done so.

About Living Better is the No.1 resource and magazine for women over 50 in the world with 500,000+ readers. covers everything for a woman from “Beauty-to-Business” with our primary goal – To encourage women to live better physically, emotionally, financially, and spiritually!

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The 6 Factors to Consider Once You Reach 50