This video discusses 10 of the worst money habits engaged in by retirees. There is a good chance that you or someone you know personally is doing (or not doing!) one or more of these right now!

Important link mentioned in this video 6 Must Have Estate Planning Documents: https://www.investopedia.com/articles...

FREE Retirement Ready Checklist:
https://HolySchmidt.com/Checklist/

CHAPTERS:
00:00 Introduction
00:19 OverSpend Early On
01:15 Not Continuing to Invest
02:50 Excessive Credit Card Use
03:52 Impulse Spending
04:34 Paying Bills Late
05:10 Ignoring Insurance
05:56 Thinking Estate Planning is Not Necessary
08:15 Having No Financial Goals
09:21 Giving Gifts You Can't Afford
10:32 Budgeting NoNo

Important Links:

Follow Me on Instagram:
  / the_schmidtlist  

Geoff's Facebook Page
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Federal Reserve Board Survey of Consumer Finances:
https://www.federalreserve.gov/econre...

Social Security Administration Application for Benefits
https://secure.ssa.gov/iClaim/rib

Current Social Security Cost of Living Adjustment
https://www.ssa.gov/cola/

Social Security Payment Estimator
https://www.ssa.gov/benefits/retireme...


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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.