💨 Abstract

In retirement, individuals can expect a change in budget as some expenses, such as a mortgage, commuting costs, a second car, professional clothing, time-saving costs, and office costs decrease. Retirees can save money by eliminating or reducing these expenses. Additionally, retirees may qualify for senior discounts, and traveling during off-peak seasons can also result in significant savings.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖