Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

11 Reckless Ways Seniors Spend Their Money

May 13, 2022 · Personal Finance

money Ways to Make Extra Money in Retirement

Overspending on cars

Mark Charnet, the founder and CEO of American Prosperity Group from Pompton Plains, New Jersey, explained why there’s no good enough reason to buy a luxury car in retirement.

Let’s be honest, a $25,000 car and a $100,000 car might take you between points A and B, but in the luxury of a more expensive car really worth ruining your financial future? I think we can all agree that the answer is no.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • social security numbers, downside
    When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)
  • Things Seniors Should Always Get from Costco
    8 Kirkland Products That No Longer Feel Like a Costco Bargain
  • medicare
    Medicare Costs Are Rising in 2026 — Here’s What to Expect
  • save money on healthcare
    Could You Qualify For the New $25,000 Health Care Tax Deduction Coming in 2026?
  • Medicare open enrollment
    Missed the Medicare Deadline? Your Options Aren’t Over Yet
  • stimulus check
    Trump Promises $2,000 Tariff Checks: Could You Qualify?

Related Articles

recession

9 Smart Ways to Recession-Proof Your Retirement

Let’s Recession-Proof Your Retirement! The US is bracing for a significant economic downturn as it…

Read More →
housing withdrawing money from your retirement account

The Housing Market Crash of 2025: Experts Verdict

Considering that interest rates are still quite high and the inventory is still quite low,…

Read More →
tax planning, reduce

7 Ways You Can Prepare For a Better 2023 Tax Season NOW

#7 Transfer IRA money to charity Every year, taxpayers who are 72 years of age…

Read More →
A photograph of a senior's hands holding a check, with a partially visible retirement planning document in the background.

Protecting Your Nest Egg: A Guide to Annuities for Retirees

Action Steps: How to Thoughtfully Consider an Annuity If you believe an annuity might have…

Read More →
Biden retire

8 Ways Biden Wants to Change Your Social Security

As you can probably guess, these proposals are completely different, and it seems that neither…

Read More →
retirement income tax state, retirement distributions

7 States That Don’t Tax Your Pension, 401(k), Social Security, and More

Minnesota Minnesota has the same thresholds as the federal government, to determine just how much…

Read More →
Military Retirees

Military Retirees: These 8 States Will Tax You Poorly

Maybe you’re preparing for your upcoming retirement or just want to get a better idea…

Read More →
Senior Housing, everyday bill

Watch Out: 8 Everyday Bills That Lead to Financial Strain

Did you know that some of your everyday bills are more likely to cause a…

Read More →
Medicare open enrollment

Missed the Medicare Deadline? Your Options Aren’t Over Yet

Bottom Line: Missing Medicare Open Enrollment Isn’t the End While missing Medicare’s annual open enrollment…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2025 Retired in USA. All rights reserved.