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.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.