7 Financial Freedom Strategies for Life After 45
- Emergency Fund Boost: Aim for 6-12 months of expenses saved
- Retirement Acceleration: Maximize catch-up contributions to 401(k) and IRA
- Debt Elimination: Focus on paying off high-interest debt first
- Investment Diversification: Balance growth and conservative investments
- Healthcare Planning: Research long-term care insurance options
- Estate Planning: Update wills, trusts, and beneficiary designations
- Side Income Streams: Explore consulting or passion projects for extra revenue