8 Things You Should Still Splurge on If You're Retired, Financial Experts Say

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This content includes information from experts in their field and is fact-checked to ensure accuracy.We are committed to bringing you researched, expert-driven content to help you make more informed decisions as it pertains to all aspects of your daily life. We constantly strive to provide you with the best information possible.. Financial experts say that this presents a good opportunity to review your spending and trim the fat for more financial freedom.

"Invest in home improvements like bathroom grab bars, non-slip floors, or a stairlift," says Claver."These not only boost the resale value of your property but also ensure your environment remains safe and adaptive to your changing needs.", recommends putting money toward a trustworthy home security system."As you age, ensuring your home is safe and secure is essential," he says, noting that these investments will help bring you"peace of mind.

"By making plans and engaging in new experiences, we build new memories and continue to experience meaning in life. Having plans and something to look forward to increases our sense of happiness, purpose, and fulfillment as we age," she tellsyou're passionate about."Spending time and money in connection with loved ones helps us feel supported, connected, and a sense of belonging.

 

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