| Submit your comments on this article |
| Economy |
| Boomer's remorse revisited: 5 more 'big money' purchases you'll probably really regret in retirement |
| 2023-03-30 |
| [Moneywise] You’ve done it: After decades of waiting, your retirement is here and you’re gonna meet it head on. Yet depending on how you look upon your precious nest egg, that could mean using your head — or losing it. Make no mistake, big money purchases often feel like the reward for many years of hard work. If you want to tour North America in a brand-new RV, good for you. But once you tack on a pool, six cruises and a lavish wedding for your kid, it may not belong before debt and regret set in. That being said, living frugally for decades can be exhausting. Frustrating. Who’s to stop the person who’s finally retired from splurging? But if you want to ensure your retirement funds last, you’ll need to be a bit choosy about those splurges. Before you start swiping your plastic with reckless abandon, you might want to take a good, long look down the money pit. There’s no shortage of foolish purchases you can make in retirement, but here are five that could leave you with a lingering feeling of buyer’s remorse. |
| Posted by:Besoeker |
| #1 They missed buying a boat. |
| Posted by: Super Hose 2023-03-30 12:33 |