Are you potentially wasting thousands? Here are 5 things US retirees are told to buy (but don't actually need)
Yahoo Finance·2026-01-24 20:30
Ideally, retirement is meant to be the most relaxing phase of your life. In practice, however, many retirees likely worry about money, making them easy targets for salespeople and brokers looking to offer deceptively appealing products. If your email inbox is flooded with pitches for "guaranteed income” or “financial protection,” proceed with caution. Here are five products retirees are often urged to buy that they typically don’t need. Must Read 1. Life insurance Some insurance brokers might insist ...