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Here are fourfinancial habits to break after age 50 if you want toretire on time.

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Buffardi said handling unexpected expenses is a unique challenge of retirement.

But when you are retired, you dont have that same luxury.

You have to rethink your budgeting and spending.

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However, if you are nearing retirement, those types of losses can cause you to delay.

Having debt will likely keep you from having more disposable money during your golden years.

People in their 20s get away with credit card debt, Musson said.

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They also get away with winging it with their finances.

The wealth you build is whats going to provide your retirement income and financial security.

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