Relocate

As presented above, even if “the West Coast” consists of only five states, there’s still a consistent difference when it comes to living in any of these states. For example, you could be looking to retire in Los Angeles, San Francisco, or maybe San Diego fits your lifestyle.

In this case, you should plan and expend to spend much more money than you would if you’d settled in smaller towns, like Ely, or Nevada.

Get yourself a roommate

Retirees don’t usually dream of living with any roommates, that’s just something that you’d do in your student years, right?

However, if you really wish to live on the West Coast, or, as a matter of fact, stretch your retirement funds anywhere else in that area, getting a roommate will automatically cut a big portion of your expenses all the way to 50%.