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6 BIG Purchases Retirees (Almost) Always Regret!

This video "6 BIG Purchases Retirees (Almost) Always Regret!" is about retirement spending and discusses some of the worst purchases a retiree can make. The video covers off everything from expensive sports cars to vacation homes that don't warrant the price. Most importantly, the video shows you how to avoid a major financial trap that can cost you hundreds of thousands of dollars in retirement. Learn what not to buy in retirement and at the same time focus on retirement spending that is smart and directed to what a retiree needs most. FREE Retirement Ready Checklist: https://HolySchmidt.com/Checklist/ Holy Schmidt Book Club: https://holyschmidt.com/book-club/ Important Links: Follow Me on Instagram:   / the_schmidtlist   Geoff's Facebook Page   / geoffreymschmidt   Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econre... Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Social Security Payment Estimator https://www.ssa.gov/benefits/retireme... THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it?    • Should You Take Social Security at Ag...   7 GOOD REASONS to File for Social Security Benefits at Age 62    • 7 GOOD REASONS to File for Social Sec...   Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!?    • Average Retirement Savings by Age 60....   The BEST AGE to File for Social Security Retirement Benefits    • The BEST AGE to File for Social Secur...   3 Social Security "Little Known Facts" That Are REALLY Important    • 3 Social Security "Little Known Facts...   Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.