Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

12 Huge Financial Mistakes Most Seniors Make Before Retirement

April 14, 2021 · Saving & Spending
A happy senior couple walking through their garden, symbolizing home equity and security.
A smiling couple strolls through a lush garden, enjoying the freedom of a well-planned financial future.

You Haven’t Thought Through What Is Really Important to You

How much TV do you watch nowadays? How much TV do you think you’ll watch when you retire? According to the American Time Use Survey, people over the age of 65 spend more time in front of the TV than younger people despite enjoying it less. Watching TV accounted for a whopping 25% to 30% of waking time!

Doesn’t sound like a good way to spend your golden years, does it?

You probably already know what is important to you, but assuming you’ll have the means to do those things is dangerous. Instead, plan for your favorite hobbies ahead of time. Your retirement should be about spending quality time and you shouldn’t see it as just the end of your career, as many seniors do!

The more you focus on things that are important to you, the easier it will be for you, along with a financial planner, to come up with a comprehensive, bulletproof plan!

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A panoramic view of the twin crater lakes of Sete Cidades in the Azores, featuring one blue and one green lake surrounded by lush green hill 9 Scenic (and Cheap) Destinations That Rarely Disappoint
  • A retiree looks out over a lush tropical valley at sunset from a terracotta balcony, holding a coffee mug. 10 Best Countries to Retire Abroad in 2027
  • A retired couple stands amidst moving boxes in their living room, bathed in warm afternoon sunlight during their relocation process. 8 Common Relocation Mistakes Retirees Tend to Make
  • 7 Costco Items Worth Buying in Retirement Because They Actually Lower What You Spend Each Month
  • A retired couple at a kitchen table looking at a map and tablet, planning their next move to a surprise retirement destination. 8 Places That Surprise Retirees in the Best Possible Way
  • A panoramic watercolor illustration showing a transition from green mountains to red deserts and blue lakes. 11 Nature-Filled Destinations Perfect After 60
  • A retired couple sits on a coastal bench in Maine at twilight, looking out at a harbor with lobster boats. 9 Charming Northern Spots for Retirement
  • A stylized gouache illustration of a western landscape featuring mountains, red rock mesas, and pine forests under a warm afternoon sun. 10 Western Retirement Spots with Incredible Lifestyle Appeal
  • Three active seniors walking through a vibrant, sunlit downtown plaza with a dog and coffee, representing a fulfilling retirement lifestyle. 9 Places Where Seniors Are Finding More Things to Do
  • A senior man at a kitchen table early in the morning, looking at a laptop with a financial graph, representing proactive retirement planning Social Security's 2027 COLA Forecast Just Changed - Here's What Retirees Should Know

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

A happy senior couple enjoying a bright, modern kitchen together.

15 Things That Make Seniors’ Lives Easier

Discover 15 practical tools, home modifications, and services designed to simplify daily routines, enhance safety,…

Read More →

17 Things to Do for a Healthy Retirement

Outsourcing All Your Tasks A rule of thumb for super savers is to not pay…

Read More →
A smiling retired couple enjoying a peaceful morning on their sunny outdoor deck.

11 Expenses You No Longer Need in Retirement

Discover the 11 major expenses that disappear in retirement, from commuting and payroll taxes to…

Read More →

10 Things to Know Before Spending Big

Will this big-ticket item make me happy? This is probably one of the most important…

Read More →
A retired couple enjoys a bright, minimalist living room, symbolizing the freedom of a simpler lifestyle.

30 Things That You Really Don’t Need As a Retiree

Discover 30 unnecessary expenses, physical items, and emotional burdens you can eliminate to enjoy a…

Read More →

9 Things Seniors Didn’t Know They Could Get for Free or Discounted

Free tax filing You’ve reached retirement age and you’re probably tired of filling out tax…

Read More →

7 Facts About How Corona Virus Really Affects Your Retirement Savings

Don’t Make Major Financial Decisions in a Panic The worst thing you could do during…

Read More →

18 Things Seniors Should Consider Before Downsizing

Overlapping Costs Unless you’ve planned your move to the minute, you should expect some overlapping…

Read More →

Do You Want to Retire in 2021? Click for Your Final 6 Steps!

Fortify Your Emergency Fund Now is your last chance to fortify your emergency fund before…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.