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30 Careless Ways Retirees Waste Money

GOBankingRates Logo By Jaime Catmull of GOBankingRates | Slide 1 of 30: You’ve worked hard all your life, so you deserve to enjoy yourself in retirement. However, when you live on a fixed income, it’s important to keep track of where every dollar is going and not spend money carelessly. I spoke to financial experts and business leaders to find out the most common ways retirees waste money — so you know what not to do and can make better decisions that enable your retirement savings to last well into your golden years. See: Retirees Confess What They Wish They’d Done With Their Money  Last updated: March 3, 2021

You’ve worked hard all your life, so you deserve to enjoy yourself in retirement. However, when you live on a fixed income, it’s important to keep track of where every dollar is going and not spend money carelessly. I spoke to financial experts and business leaders to find out the most common ways retirees waste money — so you know what not to do and can make better decisions that enable your retirement savings to last well into your golden years.

See: Retirees Confess What They Wish They’d Done With Their Money

Last updated: March 3, 2021

© Klaus Tiedge / Getty Images

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