
As retirement approaches, many people take stock of their financial needs — including whether or not their car will last the next chapter of life. One soon-to-retire driver, posting to Reddit, asked a simple but important question: Should I replace my 2016 Buick LaCrosse with 138,000 miles before retirement to avoid costly repairs later?
With retirement just over a month away, the driver explained they'll be living on a defined benefit pension and deferred compensation, with Social Security kicking in at 62. They weren't looking for anything brand new — just a one- to two-year-old used car with low mileage.