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QUESTION:
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Do you have an idea for cutting costs in retirement? |
| Share your ideas with other retirees. |
 | asked by Editorial, 7/30/2009 |
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Categories:
Reducing Retirement Expenses, Transitioning to Retirement, Pre Retirement, Late Stage Retirement, Financial Planning for Retirement, Work and Retirement, Retired
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| ANSWERS: |
| Answered by: Editorial, 08/07/09
Overall Rating:  |
Cut back on the amount of detergent, toothpaste, shampoo, dish liquid and so on that you use. You’d be surprised at how much you can save by not wasting. Login to rate this answer:  |
| Answered by: Editorial, 08/07/09
Overall Rating: Be the first to rate it. |
Take care of your car. A good maintenance schedule, regular cleaning, and sensible driving can make a car last for many years. Another good idea is to continue to put the payment in the bank after the car is paid for. When you decide to buy another car, you will have a good down payment. Login to rate this answer: |
| Answered by: Editorial, 08/07/09
Overall Rating: |
Save your plastic grocery bags and use them as garbage bags. Login to rate this answer: |
| Answered by: Chris Kreane, 09/28/11
Overall Rating: Be the first to rate it. |
most expensive cost in retirement is housing if you own your home you could look into a reverse mortgage - which would cut out any mortgages if existing - this should provide decent saving - if you dont have an existing mortgage then you can take equity out without having to worry about paying a monthly income with that money you can save, invest, and pay off any debt that may be a burden on you right now Login to rate this answer: |
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