Sell your car
A car can come with many costs, some higher than others, among which gas, maintenance, and car insurance. If you won’t be driving your car that much once you enter retirement, the car insurance is not really worth it, says Ferguson at DimeWillTell. To save you the trouble of paying for all sorts of car-related things, it’s much smarter to sell your car and opt for ride-sharing services whenever you need to get somewhere. Your retirement budget will be less affected!
Read also: 19 Successful Ways to Save Money for Retirement.
