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How to Save Money in Retirement

How to Save Money in Retirement
From finding ways to cut your bills to using extra income to bulk your savings, there are plenty of ways to save money during retirement.

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@PolarMoney posted:

I know someone who tried the "roommate" option inviting a woman to move into her home. It didn't take long and she regretted it. My friend like things her way and this roommate through a wrench in her life. It was anything but "Golden Girls".

I still believe it could work, in the right circumstances. A trial run of the arrangement might be good before the two people jump right in.

I thought about the roommate option or even rent a room as an AirBnB. But, I'm with your friend. Like things my way. Instead, I have a rental property and that satisfies my need...I'm counting that as shared living, LoL.

@Big Lew posted:

First off I am a single male and everything I write below pertains to myself only, have a good laugh people, and hit the Heart button if you enjoyed any part of my comments.

1, I cut the cable years ago and stream all the free stuff, I pay $300.00 a year for wifi

2, I downsized about 28 years ago, my home is 800 sq. ft. and paid for in full.

3, No need to as there is no kid's room anymore.  They are my rooms.                         

4, It is hard to cut groceries as the price keeps going up due to inflation. I can't live on cat food alone.                                                                                                                     

5, I am as healthy as a horse from eating cat food.   see number 4 above                 

6, I asked her to marry me and move in, that was 2 years ago, and she bailed on me she muttered Covid.                                                                                                                 

7, Bucket List, H3ll I just found out what that was 3 years ago. Plan trips 6 to 12 months before going anywhere. If flying pay at least 6 months in advance to save.   

8, I buy in quantity (family packs of food) break it up into smaller portions, freeze.     

9, School again, no way.                                                                                                           

10, Second hand, come look into my closet, I have clothes that have holes, but comfy to wear.                                                                                                                           

11, Like I said, I tried to SELL myself on marriage to the lady mentioned above, see number 6, but she bailed. I am used at 58 years young.                                                   

12, Pay off debt, but I need the tax write-offs.

Okay people, that is just my weird sense of humor pertaining to Will's awesome savings tips during retirement.

This is too funny, esp. 6 and 11. I'm on board with you on 1, 3, 7, esp. 8.

Since retirement, we play canasta or sometimes dominoes i.e. Mexican train w/ a group of friends.  That makes us clean our home at least 2x. each month.  The hostess fixes a light dinner and the guests bring dessert,  The other 2 weeks we go to someone else's home.  We play to have fun and just enjoy the time together.

I know someone who tried the "roommate" option inviting a woman to move into her home. It didn't take long and she regretted it. My friend like things her way and this roommate through a wrench in her life. It was anything but "Golden Girls".

I still believe it could work, in the right circumstances. A trial run of the arrangement might be good before the two people jump right in.

@Big Lew posted:

First off I am a single male and everything I write below pertains to myself only, have a good laugh people, and hit the Heart button if you enjoyed any part of my comments.

1, I cut the cable years ago and stream all the free stuff, I pay $300.00 a year for wifi

2, I downsized about 28 years ago, my home is 800 sq. ft. and paid for in full.

3, No need to as there is no kid's room anymore.  They are my rooms.                         

4, It is hard to cut groceries as the price keeps going up due to inflation. I can't live on cat food alone.                                                                                                                     

5, I am as healthy as a horse from eating cat food.   see number 4 above                 

6, I asked her to marry me and move in, that was 2 years ago, and she bailed on me she muttered Covid.                                                                                                                 

7, Bucket List, H3ll I just found out what that was 3 years ago. Plan trips 6 to 12 months before going anywhere. If flying pay at least 6 months in advance to save.   

8, I buy in quantity (family packs of food) break it up into smaller portions, freeze.     

9, School again, no way.                                                                                                           

10, Second hand, come look into my closet, I have clothes that have holes, but comfy to wear.                                                                                                                           

11, Like I said, I tried to SELL myself on marriage to the lady mentioned above, see number 6, but she bailed. I am used at 58 years young.                                                   

12, Pay off debt, but I need the tax write-offs.

Okay people, that is just my weird sense of humor pertaining to Will's awesome savings tips during retirement.

Cat food?  I thought I saw a few longggg whiskers....Cute, though.

First off I am a single male and everything I write below pertains to myself only, have a good laugh people, and hit the Heart button if you enjoyed any part of my comments.

1, I cut the cable years ago and stream all the free stuff, I pay $300.00 a year for wifi

2, I downsized about 28 years ago, my home is 800 sq. ft. and paid for in full.

3, No need to as there is no kid's room anymore.  They are my rooms.                         

4, It is hard to cut groceries as the price keeps going up due to inflation. I can't live on cat food alone.                                                                                                                     

5, I am as healthy as a horse from eating cat food.   see number 4 above                 

6, I asked her to marry me and move in, that was 2 years ago, and she bailed on me she muttered Covid.                                                                                                                 

7, Bucket List, H3ll I just found out what that was 3 years ago. Plan trips 6 to 12 months before going anywhere. If flying pay at least 6 months in advance to save.   

8, I buy in quantity (family packs of food) break it up into smaller portions, freeze.     

9, School again, no way.                                                                                                           

10, Second hand, come look into my closet, I have clothes that have holes, but comfy to wear.                                                                                                                           

11, Like I said, I tried to SELL myself on marriage to the lady mentioned above, see number 6, but she bailed. I am used at 58 years young.                                                   

12, Pay off debt, but I need the tax write-offs.

Okay people, that is just my weird sense of humor pertaining to Will's awesome savings tips during retirement.

Last edited by Big Lew
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