Articles

6 Ways to Cut Costs in Retirement

Budgeting and Financial Planning

6 Ways to Cut Costs in Retirement

Rodney Brooks

August 18, 2023

As if retirement wasn’t hard enough, inflation and economic uncertainties are adding to the pressures.

Money is a big part of the stress. Financial planners generally recommend that people plan on spending 70% to 80% of their preretirement income during retirement.

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Rodney Brooks

Hello! I’m Rodney A. Brooks®. I am a veteran journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.

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6 Ways to Cut Costs in Retirement

Rodney Brooks

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