Five fi­nan­cial tips for over-50s

Hit­ting ‘half cen­tury’ mark doesn’t mean you’re over the hill. It’s the per­fect time to trans­form your life with a few easy money ma­noeu­vres

The Irish Mail on Sunday - - PERSONAL FINANCE - BILL TYSON

Have you hit the big 5-0? If so, it’s time to take a long hard look at your fi­nances. Over-50s will prob­a­bly need to boost health cover, bump up their pen­sions and start think­ing about how their es­tate is go­ing to be divvied out. But don’t de­spair. You could have as much as one third of your ca­reer left to top up your pen­sion. Hope­fully, your kids are also nearly grown up and the mort­gage is un­der con­trol, so you have room for fi­nan­cial ma­noeu­vre.

Here’s a five-step guide to trans­form­ing your post-50 fi­nances.

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