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This episode of Safe Money Radio focuses on five major purchases retirees should avoid: brand new vehicles, RVs, timeshares, boats, and multiple properties. Each item is discussed in detail, highlighting the financial drawbacks and long-term impacts on retirement income. The discussion encourages listeners to rethink their spending habits to preserve their retirement savings effectively.
• Discussing the importance of smart financial decisions in retirement
• Highlighting brand new vehicles as a bad investment due to rapid depreciation
• Explaining the financial pitfalls associated with RV ownership
• Describing timeshares as a perpetual financial burden
• Discussing the hidden costs of boat ownership
• Warning against the complications and expenses related to owning multiple properties
Send us a text
4
2020 ratings
This episode of Safe Money Radio focuses on five major purchases retirees should avoid: brand new vehicles, RVs, timeshares, boats, and multiple properties. Each item is discussed in detail, highlighting the financial drawbacks and long-term impacts on retirement income. The discussion encourages listeners to rethink their spending habits to preserve their retirement savings effectively.
• Discussing the importance of smart financial decisions in retirement
• Highlighting brand new vehicles as a bad investment due to rapid depreciation
• Explaining the financial pitfalls associated with RV ownership
• Describing timeshares as a perpetual financial burden
• Discussing the hidden costs of boat ownership
• Warning against the complications and expenses related to owning multiple properties
Send us a text
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