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245 money in your 40s and 50s

Dev Raga Personal Finance

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Myths About Asset Protection in Your 40s and 50s

Remembering protecting your wealth is far more important in your 40s and 50s than actually growing your wealth. If you run into financial trouble or health crisis, your body, your mind and your health is a personal asset and also need to protection. Having insurance just means having good personal insurance, likely life insurance, income protection, TPD, critical illness or trauma insurance. I've discussed insurance as ad nauseam littered throughout my episodes, so I won't go into it again and bore you again in this episode.

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