Is your spending ruining your retirement? Here are 5 complete wastes of your money — whether you’re 45, 55, or 65

Group 1 - The importance of mastering spending habits in the late 40s and 50s to ensure a secure retirement, as poor spending choices can undermine financial plans [1] - A significant percentage of adults aged 25-34 still live with their parents, indicating a trend that may affect empty-nesters in their 50s and 60s [2] - Many empty-nester baby boomers own a large portion of homes in the U.S., which can lead to financial strain due to maintenance and tax costs [2] Group 2 - A notable percentage of U.S. households own multiple cars, which can lead to unnecessary expenses as retirement approaches [3] - The trend of financially supporting adult children is prevalent among empty-nesters, with nearly 40% providing assistance for various living costs [4] - Younger adults have greater access to credit options compared to previous generations, which may reduce their reliance on parental financial support [4]