3 Expenses It Pays to Cut if Money Is Tight in Retirement

Ideally, you'll save enough money so that you have the flexibility to cover your bills as needed in retirement. But some seniors reach retirement age having fallen short of that goal. If that's the boat you're in, you may have to make some hard choices.

This especially holds true right now, given the way inflation is soaring. If you don't have a large retirement nest egg to tap and you get the bulk of your income from Social Security, you may be struggling to pay your bills. And if so, it pays to look at cutting these expenses.

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Source Fool.com