Habit #1: Being Set in Their Ways
Change is scary. We get it. But here’s the thing: sticking with what’s familiar — low-interest savings accounts, old-school investing methods, or thinking “the market always bounces back” — is risky in 2025.
Times have changed. Inflation isn’t just a buzzword. Retirement lasts longer. Financial tools are evolving. Yet many boomers cling to the same habits they used 20, 30, even 40 years ago.
Example: You know that friend who still has their money in a savings account paying 0.1% interest? Every year, inflation silently eats away at their savings. Meanwhile, there are options like high-yield accounts, ETFs, or low-fee index funds that could be working harder.
Actionable Fix: Start small. Open a high-yield savings account. Learn about modern investing apps. Even shifting $50–$100 a month into something smarter compounds more than just leaving it in a dusty old account. Trust me — your future self will thank you.
