A Whopping Number of Older Adults May Be Headed Toward a Financial Disaster
Managing your finances likely isn't the most exciting task on your to-do list, but it's crucial if you want to reach all your financial goals and set yourself up for long-term success.
Whether you're saving for retirement, paying down debt, or simply budgeting for your everyday expenses, it's important to have a plan in place. A little bit of planning can go a long way in making sure your finances are as healthy as possible, and without any type of plan, you're essentially just blindly throwing your money around and hoping for the best.
However, millions of older adults are making a critical mistake when it comes to planning for the future. And if they don't make any changes soon, it could be incredibly costly.
Source Fool.com
