3 Steps to Worry-Free Splurges for Retirees

"What's money if you can't spend it?"

Growing up, I remember this joke my father always made to my mother when he wanted to buy a new "toy," like a soft top Jeep Wrangler for cruising around or a new riding lawnmower with lots of horsepower. But Mom controlled the purse strings in our house. She was definitely the frugal one and held the reins tightly on the family budget.

While this line drove my mom crazy years ago, she's definitely patting herself on the back now. She managed the family's money quite well, and as a result, my parents have plenty