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However, in this time of their lives, retirees still want to indulge in what makes them happy.
Brooks noted that, just like in any other stage of life, quality matters.
Comprehensive healthcare coverage ensures access to necessary treatments and services without financial strain.
Charitable giving provides emotional fulfillment, a sense of purpose and a legacy of philanthropy, he explained.
These experiences contribute to a fulfilling retirement and create lasting memories.
Justin Haywood, a certified financial planner (CFP) and the founder ofHaywood Wealth Management, agreed.
Retirees should keep travel in their budgets because it brings immense joy and fulfillment, said Haywood.
Travel allows retirees to createunforgettable experiences and memories, he continued.
The best thing about that title?
Spoiling and indulging their grandkids.
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