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3 Major Retirement Expenses You Should Aim to Save Money On


Whether you kick off retirement with a robust nest egg or just a modest amount of savings, it helps to keep your living costs as manageable as possible during your golden years. Doing so will help ensure that you don't deplete your nest egg prematurely, not to mention take a load of stress off your mind. Here are three expenses that tend to cost seniors a lot of money -- and how to reduce them.

Just as housing was probably your single greatest monthly expense during your working years, so too might you spend a large chunk of money on it in retirement. This holds true even if you own a home whose mortgage is already paid off, since you'll still have property taxes, maintenance, and repairs to contend with.

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Source Fool.com


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