Aug 15, 2026 · 17 min · 11 segments
Most retirees can afford these 7 purchases. That's not the problem.The problem is that a surprising number of them quietly work against you throughout retirement, draining your portfolio, your time…
Kevin LumHost
I'm a certified financial planner based in Los Angeles, and this podcast is dedicated to helping a million people retire without worry.
In one of our first meetings, this hardly ever happens, but the husband slides a brochure across the desk and he says, we're thinking about celebrating with a boat.
What do you think? Instead of answering him, I simply asked him one question that ended up changing his mind about this purchase.
So today I want to walk you through seven assets that wealthy retirees almost never buy and other retirees almost always regret.
It's because they've realized that some of these purchases quietly work against them throughout the retirement.
It's rare that I encourage people to listen to the end, although I always hope that you do.
But I think the end of this video in particular has some really powerful information about how you can spend your money in retirement.
So even if you're not interested in the list, go ahead and just skip forward to the end.
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I'm a certified financial planner based in Los Angeles, and this podcast is dedicated to helping a million people retire without worry.
In one of our first meetings, this hardly ever happens, but the husband slides a brochure across the desk and he says, we're thinking about celebrating with a boat.
What do you think? Instead of answering him, I simply asked him one question that ended up changing his mind about this purchase.
So today I want to walk you through seven assets that wealthy retirees almost never buy and other retirees almost always regret.
It's because they've realized that some of these purchases quietly work against them throughout the retirement.
It's rare that I encourage people to listen to the end, although I always hope that you do.
But I think the end of this video in particular has some really powerful information about how you can spend your money in retirement.
So even if you're not interested in the list, go ahead and just skip forward to the end.
