The Expenses People Often Forget When They Plan for Retirement

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Beware 'stealth expenses' in retirement. Here are some of the hidden costs that can add up after leaving work.

ByI’m working on a budget for retirement. Could you tell me the expenses that people tend to miss or overlook after leaving work? I’m trying to avoid as many surprises as possible.

Good question. “Stealth expenses,” as one retiree described them to me, are waiting behind any number of corners in retirement. The fact that you’re thinking about these possibilities now can help reduce pressure on your nest egg in the future.

 

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The biggest hidden cost of retirement is not dying on time.

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