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Question 8

Autopay reduces late payments but can hide unused subscriptions; pairing autopay with periodic audits is best practice.

Turning on autopay primarily does what?

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By Wise Wallet

Sequence-of-returns risk means big losses early in retirement can disproportionately hurt a portfolio that’s being drawn down.

Makes late fees less likely by automating payments.Automatically cancels unused subscriptions.Guarantees you’ll never be overcharged.Eliminates the need to check statements.
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