Easy ways US boomers become poor in retirement (after having a fairly fat nest egg) — are you making these mistakes?

Many retirees face unexpected expenses that can strain their savings. Health care costs, including Medicare premiums, chronic conditions, and long-term care, often exceed expectations. Housing expenses remain high due to maintenance and aging-in-place modifications. Financial scams targeting older adults have surged, causing significant losses. Lifestyle inflation and family support can deplete funds, and claiming Social Security benefits too early reduces lifetime income. Careful planning is essential.