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Personal Finance (Not Investing) • How To Lower Retirement Expenses

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Hey Bogleheads out there. Any tips to minimize expenses in retirement. The reality for most Americans is that they will need to cut expenses in retirement to meet their new income.
Pay off mortgage
No credit card debt
No car note
Cook food at home vs going out to eat.

What are some others? I cant imagine trying to retire on 2k/3k a month. However people do it. Curious if anyone has any other ideas. Thanks!
I don't think many Bogleheads do that, but obviously some "people" do. Some of us pay more than that just for taxes (and some years taxes can be the largest expense.)

Statistics: Posted by tibbitts — Wed Aug 14, 2024 4:11 pm — Replies 17 — Views 1248



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