31% of Baby Boomers Are Making This Terrible Money Mistake
You're no doubt aware that the more financially secure you are going into retirement, the better you're likely to fare once your career actually comes to a close. But a new survey by real estate company Clever reveals that a large chunk of today's baby boomers are making one big mistake that could compromise not only their near-term finances but their long-term finances as well: They're not setting money aside for emergencies.
A frightening 31% of baby boomers, in fact, do not have an emergency fund. If you're part of that statistic, it's imperative that you accumulate some cash reserves -- before an unplanned expense drives you into debt at the worst possible time.
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Source Fool.com
