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If you own a home, that can be another source of major expenses that eat into retirement funds. “As homes age, significant repairs like roof replacements or plumbing issues become more frequent ...
With the reduced expenses, the total for phone and internet service comes to $59 per month, which cuts your costs by $81 (or $972 per year). pinkomelet / Shutterstock.com Subscriptions and Memberships
If you expect your income to decrease after you retire, then consider investing in a tax-deferred retirement account, like an IRA or 401(k). You can fund your account with pre-tax dollars and pay ...
Relying heavily on retirement funds for long term care may mean you have quite a bit less for other expenses. Consider a separate long-term care insurance policy or a HSA for medical expenses ...
Work-related expenses like buying professional clothes or daily work meals decrease too.” ... on Social Security to fund your retirement, the good news is that many of your expenses will go down ...
If you're a retiree, your main financial goal is likely optimizing your funds to provide yourself with the most money possible to spend on the things you want. In other words, enjoying your...
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