5 Ways for Retirees to Slash Their Expenses
When you're retired and counting on your investments to provide you with income, it's scary to watch your investment balance go down -- especially if it's falling too fast because you're spending too much cash. If you're worried about making your money last during retirement, it may be time to make some drastic lifestyle changes before it is too late. The sooner you act to cut your spending, the more financially secure you'll be since you can leave more of your investment money alone to grow and provide for you later.
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Source: Fool.com