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Six retirement purchases that 85% of retirees over 55 regret and destroy their financial security. Sign Up Free to Manage Your Financial Picture 👉 https://empower.sjv.io/554EG1 📚 BOOKS THAT SHAPED US Check out The Psychology of Money: https://amzn.to/4ngdyq1 Get a copy of I Will Teach You to Be Rich: https://amzn.to/43ZnaOq Download a copy of The Simple Path to Wealth: https://amzn.to/4nmOpds 🎥 OUR GEAR (for aspiring creators) Get the best Laptop: https://amzn.to/4caXXkP Buy our favorite Camera: https://amzn.to/4hxcawx Grab a Microphone: https://amzn.to/3APXbN8 🌍 DIGITAL NOMAD ESSENTIALS Download our Retire Cheap Guides: https://www.40northtravels.com/retire... Get Started with a VPN: https://get.surfshark.net/SH48f Get Connected with an eSIM: https://airalo.pxf.io/QjEb1x Purchases made through some store links may provide some compensation to 40 North Media. As an Amazon Associate I earn from qualifying purchases. 💼 RECOMMENDED FINANCE TOOLS Download our Financial Freedom 40+ Guide: https://www.40northfinances.com/produ... Get your Free FIRE Starter Guide: https://www.40northfinances.com/social/ 😊 SUPPORT US DIRECTLY https://www.40northfinances.com/suppo... That dream boat or RV you've been eyeing for retirement? There's an 85% chance you'll absolutely hate it. After watching countless retirees make the same devastating financial mistakes, I've identified the six biggest purchase regrets that can destroy your golden years. From dream homes that become physical prisons to time shares that are basically legalized scams, these aren't just expensive mistakes - they're financial disasters that compound over time and rob you of the security you worked decades to build. Through real stories of boats sitting unused in storage, RVs driven only 10 times, and home gyms turned into expensive coat racks, I'll show you why most big retirement purchases promise to fix emotional problems but end up creating bigger ones. Whether it's the crushing reality of bailing out adult kids or the hidden costs of that "perfect" retirement home, these six regrets share one dangerous trait: they all happen when you can least afford to recover from them. Learn how to protect yourself with the rent-don't-buy strategy and why future you will thank current you for watching this video. ⏱️ CHAPTERS 0:00 Introduction: 6 Retirement Purchase Regrets 0:45 Regret 1: Buying Dream Home in Retirement 2:22 Regret 2: Boats - The Money Pit Trap 3:58 Regret 3: RVs and Motor Homes Reality 6:00 Regret 4: Time Shares Financial Disaster 7:40 Regret 5: Home Gyms Become Expensive Coat Racks 8:56 Regret 6: Bailing Out Adult Kids 10:54 Why We Make These Emotional Purchase Mistakes 11:52 How to Protect Yourself From Regret 12:10 Rent Don't Buy Strategy 13:04 Subscribe for Straight Retirement Talk 📺 MORE 40 NORTH CONTENT Travel Channel / @40northtravels Walking Tours / @40northwalks Street Food / @40northstreetfood 🤝 CONNECT Read Our Finance Blog: https://www.40northfinances.com Follow Us On Instagram: / 40northfinances Sign Up For Our Newsletter: https://www.40northfinances.com/social/ –––––––––––––––––––––––––––––– Disclaimer: The information provided is for educational purposes only and should not be construed as financial advice. Consult with a qualified financial advisor before making financial decisions. Empower Personal Wealth, LLC (“EPW”) compensates 40 North Media for new leads. 40 North Media is not an investment client of Empower Advisory Group, LLC.