4 Ways to Make Your Retirement Savings Last
Saving enough money to pay for all the things you want to do in retirement is no small task. Many retirees end up compromising on their retirement plans because there simply isn't enough money to do it all. But if you can get the most out of every dollar, you may be able to do more than you ever dreamed.
Time and money may not be exactly equal, but when something needs done, you can generally spend either more time or more money on it it. Because retirees generally have more time on their hands than money, it makes sense to spend more of the former.
For example, finding and collecting coupons takes a lot of time, but it can also save you a significant amount of money. The same is true of keeping track of supermarket specials and planning your menu for the week around the store's markdowns. Cooking your own meals takes a lot more time and effort than going to a restaurant, but it's a whole lot cheaper. Learning how to do simple home repairs, like replacing a worn-out washer in your faucet, can also save you a bundle.
Source: Fool.com
