5 Major Money Mistakes To Avoid Once You Turn 60
Laura Woods Sun, March 7, 2021
You’ve been working hard your entire adult life and you’re finally nearing retirement. The prospect of having more time to relax and enjoy yourself is exciting, but you’ll need money to do that.
As you wrap up your peak earning years and prepare to step away from the workforce, it’s important to make smart money moves that will protect your nest egg. All it takes is one poor financial choice to throw a wrench in your plans — and financial stability — so take the time to make informed decisions.
When faced with a large amount of cash, it can be tempting to share it with loved ones — i.e., your children — or indulge yourself with luxury items. However, this money needs to last your entire retirement, which could span decades. Here’s a look at common financial blunders you don’t want to make as you get older if you want to avoid a major financial setback.
Collecting Social Security Benefits Too Soon
Many people make the mistake of taking Social Security income as soon as they can because it’s available. Others start early because they’re afraid the system will run out of money. Neither approach is the best way to maximize benefits.
“You receive more each month if you wait until your full retirement age, and you can even get increases after that — amounting to roughly 8% per year until you’re 70,” said Justin Pritchard, CFP, founder of Approach Financial, Inc. in Montrose, Colorado.
Having patience can literally pay off.
“Instead of claiming as soon as possible, run some numbers to determine how much you’ll earn if you wait,” he said. “Remember that a surviving spouse who takes over your benefit will be affected by your decision, so choose carefully.”
To continue reading, please go to the original article here:
https://finance.yahoo.com/news/5-major-money-mistakes-avoid-190054441.html
Brazil’s Massive Crash Is A Sign Of Things To Come In The West
Notes From the Field By James Hickman (Simon Black / Sovereign Man) October 29, 2026
On Sunday night, Brazil re-elected its left-wing president, Lula da Silva. On Monday morning the São Paulo stock market fell so hard at the open that the exchange halted trading for the first time since the pandemic. When trading resumed, Brazil’s stock market kept falling.
Rob Cunningham: XRP, the National and Global Opportunity
10-29-2026
XRP – THE NATIONAL AND GLOBAL OPPORTUNITY
An open-source XRP Ledger can serve a profoundly positive purpose: helping people and businesses move value with less delay, less friction, and greater choice.
The emerging connections are substantial.
Stern Drew: Trump himself Confessed about Upgrading the Financial System
10-29-2026
Donald Trump Himself Confessed About Upgrading the Financial System
This is not a conspiracy theory anymore!!
He said, “Many Americans are unaware that the current banking system is out of date. Payments are broken. The Crypto Bill will ensure a 21st century upgrade to our banking and financial system using the state of the art blockchain technology.”
Central Bank: Talk Of Printing New Currency Is Inaccurate, And The Gap With The Parallel Market Has Decreased To 9%
Baghdad/Iraq Observer The Governor of the Central Bank of Iraq, Nizar Nasser Hussein, confirmed on Thursday that there is no intention to print new currency, describing the news circulating in this regard as inaccurate. He also pointed out that the difference between the official exchange rate and the parallel market rate has decreased to 9%, after it had reached 24%.
Good Afternoon Dinar Recaps,
GLOBAL FINANCIAL RESET WATCH: BANK OF ENGLAND OPENS DOOR TO TOKENIZED COLLATERAL
The Bank of England has launched a consultation that could help financial institutions use tokenized assets more efficiently, marking another step toward modernizing traditional financial markets.
Coffee with MarkZ, joined by Dr. Scott Young. 10/29/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Militias and fake dinars dominate the chat in Iraq, affordability, Iran and more before Dr. Scott takes your questions.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
TNT:
Tishwash: The 2027 budget is nearing Parliament... This is its expected arrival date
Member of Parliament Rabie al-Moussawi revealed on Thursday the expected date for submitting the draft federal budget law for 2027 to Parliament, predicting its arrival by the middle of next month to begin discussions.
Al-Moussawi stated, in a statement reported by the Video News Agency, that the government is finalizing the draft budget in preparation for its official submission to Parliament. He noted that the Finance Committee and parliamentary blocs are awaiting its arrival to study its details and financial provisions.
Ariel: XRP and IQD, the Crossborder that Connects
10-29-2026
XRP & IQD: The Crossboarder That Connects (Integration To Acceleration)
Here’s what actually happened today and why it matters more than the noise.
Ripple’s stablecoin went live on the largest US crypto exchange. Retail access. Institutional access. Full XRP ledger support baked in.
Oil Prices Drop On Peace Talk Hopes Despite Gulf Attacks
2026-10-29 Shafaq News Oil prices fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict.
Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45.
Good Morning Dinar Recaps,
GLOBAL CURRENCY RESET WATCH: AI INVESTMENT BOOM EXPOSES POTENTIAL VULNERABILITIES IN THE U.S. DOLLAR
Record foreign investment in artificial intelligence and U.S. technology assets is supporting the dollar, but a reversal in investor confidence could expose new vulnerabilities in global currency markets.
MilitiaMan and Crew: Is the Window Opening? Market Analysis You Can't Miss
10-28-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn
KTFA
Wednesday Night Video
FRANK26…10-28-26….CBI AND FINANCE MINISTER TALK
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Rafidain Bank Starts Second Round Of Salary Advances
2026-10-28 02:25 Shafaq News- Baghdad Iraq’s state-owned Rafidain Bank has opened applications for a second round of electronic loans for employees and retirees, the bank said Wednesday. Applicants must receive their salaries through Rafidain Bank and hold a Rafidain card. They can apply through the SuperQi app, a digital financial services platform developed by Iraqi payment company Qi Card, without visiting bank branches. All applications are subject to the bank’s lending requirements.
Bruce’s Big Call Dinar Intel Friday Night 10-23-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome, everybody, to the big call. It is Friday, October 23, and you're listening to the new and improved big call on a newly migrated free conference call hd.com, which was migrated overnight to the Starlink satellite system.
So that's why we didn't have the call last night, (Thursday 22nd ) and that's why we're having a makeup call tonight. It's kind of like Friday Night Lights. It's like wear your Friday Night Day tonight.
Iraq’s Central Bank Says Dollar Gap Narrowed To 9% From 24%
2026-10-29 | 17:34 BAGHDAD - 964 Media — Central Bank of Iraq Governor Nizar Nasser Hussein said Thursday that the gap between the official and parallel dollar rates had narrowed to 9% from 24%, and denied the bank was printing new currency.