Retirement reality check: 5 big purchases retired boomers wish they could undo. Here’s how to avoid the same fate

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One astonishment that mightiness deed you successful your archetypal fewer years of status — adjacent aft saying goodbye to enactment expenses and status relationship contributions, you whitethorn extremity up spending much than erstwhile you had a job.

As you attack retirement, you whitethorn perceive fiscal planners mention 3 status phases that dictate spending habits: Go-Go, Slow-Go and No-Go. In the Go-Go years, typically 65 to 75, steadfast young retirees walk large connected scratching life-long dreams disconnected their bucket database — and thin to marque large purchases that could pb to regrets.

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J.P. Morgan’s Retirement by the Numbers study recovered that mean retiree spending gradually declines by implicit 30% betwixt the ages of 60 and 85, arsenic they participate and exit the Go-Go and Slow-Go years (1).

According to AARP, immoderate of the apical spending regrets retirees are apt to person see costly trips, upsizing to their imagination house, purchasing fancy cars, boats oregon RVs and immoderate impulse online shopping.

While it’s important to negociate your status savings well, you shouldn’t beryllium acrophobic to walk wealth connected the status of your dreams if you program accordingly. Here are 3 ways to hole your finances for status portion ensuring you tin inactive bask the newfound state it brings.

The U.S. The Bureau of Labor Statistics reports that the yearly ostentation complaint accrued by 2.7% successful November 2025 (2). With the system inactive connected shaky ground, your 401(k) oregon IRA — and your status itself — could beryllium astatine risk.

A Gold IRA tin connection a large mode to support and turn your nest egg, truthful you person the other currency disposable for a imagination acquisition successful those aboriginal status years. Unlike the U.S. dollar, which has mislaid 87% of its purchasing powerfulness since 1971, gold’s worth has accrued implicit the past fewer years.

In fact, investors person been flocking to safe-haven assets similar golden implicit the past twelvemonth to support their portfolios amid a volatile economical backdrop. Gold prices surged by astir 70% implicit this period, outpacing the S&P 500 index’s 17.6% instrumentality (3).