8. Education
As a retired person, you’ll see a significant decrease in retirement expenses on education, putting away around $350 per year for any education, from pre-kindergarten through college. This means nearly a 79% decrease from the $1.639 average amount of money a working household spends on education.
Even if you consider returning to school in your golden years, many universities and colleges provide free classes (or almost so) to people aged 65 (in some circumstances, 55-60) and up.
California State University, for instance, waives application fees for older students. Those who apply have to pay just $1 for health facilities and the student body association.
Note: Keep in mind that these numbers don’t include the money some retirees allocate for their grandchildren’s college-savings plans.
2 thoughts on “10 Retirement Expenses You Don’t Have To Worry About”
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.