Reducing expenses and helping your money last longer
Among elderly Social Security beneficiaries, 37 percent of men and 42 percent of women receive 50 percent or more of their income from Social Security. And among elderly Social Security beneficiaries, 12 percent of men and 15 percent of women rely on Social Security for 90 percent or more of their income. If you are worried about finances as you age and worried about stretching your savings, you may need to slash your expenses. But where do you start? Christy Bieber offers four steps that could make a significant difference in reducing your living expenses in retirement. Read Ms. Bieber’s article here…
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