"Forty is the new 20," says Gordon F. Homes, senior financial planner at MetLife. "Most people will continue changing careers and jobs and even homes throughout their 40s and 50s. Don't forget to manage your retirement savings from previous employers, either at that employer or by consolidating those accounts into a traditional or Roth IRA."
Even if you've already bought your first home, your credit score is still important if you need a car loan or a home-equity loan. Keep monitoring your score, Homes says, and strive for a zero balance on your cards. If you need to carry a balance, keep it under 50 percent of your credit limit, Thakor says: your "debt-utilization ratio" -- your balance divided by your credit limit -- accounts for 30 percent of your credit score.
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