
Many retirees over age 70 are living on limited or fixed incomes which makes tracking spending more important than ever. Yet it’s still easy to overspend on some categories, especially if you have a sense of time running out.
To dig deeper, I asked ChatGPT to help me research areas where these retirees are wasting the most money in nonessential spending. When you strip out necessities like housing and healthcare, the real waste often shows up in small, everyday choices.