1. Transportation
The pandemic has shown us a sneak peek at how transportation costs will go down after retirement. The daily work can definitely drain a worker’s wallet. But once you exit the workforce, you won’t have to spend lots of money on getting to and from work. Besides, sitting in traffic daily would be a thing of the past.
Indeed, the US Bureau of Labor Statistics’ 2020 data showed that US households spend about $9,826 a year on transportation, which includes gas, vehicles and insurance.
On the other hand, retired households spend less on retirement expenses, an average of $6,221 yearly.
With the foo\ssil Biden in the white house you would be a fool to drink the koolaid and believe that any left coast city is a good place to retire. The only sane place to retire is florida under the competent leadership of ron desantis
none of these were new or useful as i have learned to live with retirement and how to save on most every thing.