You are using an older browser version. Please use a supported version for the best MSN experience.

12 money milestones everyone needs to reach by age 50

Mediafeed Logo By Robin Kavanagh of Mediafeed | Slide 1 of 14: Smart money management is a skill that is good to learn and live by as soon as we reach adulthood. Unfortunately, not everyone learns these lessons when they are young adults — including me. When reaching goals like buying a house or retiring are decades away, it can be hard to develop a disciplined saving and investing habit.The major downside to this is that you miss out on so many years’ worth of money that, if saved and invested well, could multiply exponentially by the time you need it. A recent survey by TD Ameritrade found that between 60% and 68% of respondents age 40 to 79 would advise their younger selves to start saving money much earlier in life.Growing your nest egg for retirement is just one of several money moves to make as you’re approaching 50. Here is a look at 12 things to accomplish by the time you turn 50, so you don’t have to worry as much about your financial future. Related: 8 brilliant moves if you make more than $5,000/month

Don't miss out

Smart money management is a skill that is good to learn and live by as soon as we reach adulthood. Unfortunately, not everyone learns these lessons when they are young adults — including me. When reaching goals like buying a house or retiring are decades away, it can be hard to develop a disciplined saving and investing habit.

The major downside to this is that you miss out on so many years’ worth of money that, if saved and invested well, could multiply exponentially by the time you need it. A recent survey by TD Ameritrade found that between 60% and 68% of respondents age 40 to 79 would advise their younger selves to start saving money much earlier in life.

Growing your nest egg for retirement is just one of several money moves to make as you’re approaching 50. Here is a look at 12 things to accomplish by the time you turn 50, so you don’t have to worry as much about your financial future.

Related: 8 brilliant moves if you make more than $5,000/month

© Rawpixel / iStock

More from Mediafeed

image beaconimage beaconimage beacon