7 things retirees spend too much money on


Healthcare expenses are one of the top costs that most retirees face.


Many retirees give a large portion of their income to friends and relatives.

3.Luxury Automobiles:

Retirees are often tempted to buy luxury vehicles – such as the premier homes they can see.


Retirees tend to spend more money on groceries, where it's easier to both save money and spend more.

5.Gifts to Friends and Relatives:

Some retirees share the wealth accumulated during their lives with their friends and loved ones.

6.Large Houses:

Most retirees are in a position to expand into spacious luxury homes.


One of the first things many retirees want to do is go on vacation.

please share this story

Find out more