Saving Money in Retirement

Many retirees are planning to tighten their belts in the next year in light of the announcement that there will be no increase in benefits. Before making sweeping changes in you expenses it may be a good idea to sit down and see where you can easily trim down in some areas of your expenses. This can be easy to do with minimal effort and time, it may be as easy as switching to different brands of commonly bought items. Many times, the store brand of items come from the same place as big name items, they literally just have a different label. This can also be applied in other areas such as medication. Generic is usually exactly the same as name brand, the only difference being in price. For more tips visit this article by Robert McGarvey with Thestreet.com.

 

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