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How to Handle an Unexpected Expense in Retirement


Unexpected expenses plague people in every stage of their lives. But they're most devastating to retirees on a fixed budget that has to last them an uncertain number of years. Even the best-laid retirement plans can be derailed by a health emergency, major home repair, or insurance claim. 

If you're one of the unlucky few whose life has been turned upside down by an unexpected expense, the path forward isn't easy. Here are three things you need to do to weather the storm.

Image source: Getty Images.

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Source Fool.com


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