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Understanding Changing Expenses in Retirement

Eric Judy • July 19, 2023

Retirement success starts with building a plan that can manage your cash flow and provide you enough money to enjoy the lifestyle you want to live. In order to do that, you have to get a firm grasp on what your expenses will be and how they might change once you retire.

On this episode:


In this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement.

 

So, don't miss out on this episode as we equip you with the knowledge you need to confidently plan for another day in retirement paradise.

 

Here are some of the things you’ll learn in this episode:

 

  • The different housing expenses that could have a significant impact.
  • Once you stop working, you will likely eliminate some expenses that have become part of your daily routine.
  • The tax implications you might face and how to find strategies to mitigate that.
  • When you no longer have those monthly savings contributions, it could free up a good chunk of money.


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