Retirement is a big milestone. You finally have time to do what you want. But with that freedom comes a lot of choices—especially about how you spend your money. Some purchases seem like a reward for years of hard work. Others look like smart investments. But not every retirement purchase is a good idea. In fact, some can quietly drain your savings or add stress you don’t need. Financial planners see these mistakes all the time. They know which purchases can hurt your long-term security, even if they look harmless at first. Here are six retirement purchases that financial planners secretly hate—and what you should consider instead.
