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5 Unexpected Expenses That Could Derail Your Retirement


Disaster-proofing your budget is important at any age, but this is particularly true for retirees, who are typically living on a fixed income. All it takes is one major life-shattering event to drain your budget, and then your time of freedom and fun is over. You might struggle to pay your bills or end up buried in costly debt. No one wants that life.

We may not be able to stop some financial emergencies from happening, but we can improve our ability to handle them by planning for the worst-case scenario. Here are five of these unexpected events that you should be ready for.

Image source: Getty Images.

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Source Fool.com


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