7 financial decisions you make in your 30s that haunt you in your 50s

People often say “life is short” as a justification to do or buy something immediately rather than waiting. But the truth is, life is not short. Life is long. The average life expectancy for an American male is 76.2 years, and 81 years for a female. A thirty-year-old discussing a short life may actually be looking at another 50 long years.

This is good news! And, financially speaking, a long outlook on life is important, because the decisions we make early on have a significant impact on the remainder of our lives. Specifically, these decisions can make or break our retirement plans.

Here are seven important financial decisions 30-year-olds make that could come back to haunt them in their 50s:

ISRAEL WARNS USA AGAINST IRAN

Israel's Prime Minister, Netanyahu, warns White House about Iran

JERUSALEM (AP) — Mortified that the world may be warming up to Iran, Israeli Prime Minister Benjamin Netanyahu is taking an unpopular message to the White House and the United Nations this week: Don't be fooled by Tehran's new leadership.
Netanyahu contends Iran is using conciliatory gestures as a smoke screen to conceal an unabated march toward a nuclear bomb.
He will deliver those strong words of caution — and fresh intelligence — in an attempt to persuade the U.S. to maintain tough economic sanctions and not allow the Islamic republic to develop a bomb or even move closer to becoming a nuclear threshold state.

YOBE MASSACRE: BOKOHARAM STORMS COLEGE OF EDUCATION AND KILL STUDENTS

Nigeria college massacre: Boko Haram kill over 50 students while asleep

Just three days before Nigeria is to celebrate its 53rd Independence Day, the country had to witness a tragic massacre as gunmen numbering over 200 stormed the College of Agriculture in Yobe state, killing over 50 students as they slept in dormitories.