![\"\"](\"https:\/\/dollarsanity.com\/wp-content\/uploads\/2025\/08\/retirement-1024x719.jpg\")
<\/figure>\nIf you follow this frugal retirement guide, you could easily save $1,200\u2013$2,000 a month. That\u2019s $15,000\u2013$25,000 a year without feeling like you\u2019re giving up the good stuff.<\/p>\n
These aren\u2019t extreme, live-in-the-dark tips. They\u2019re small changes that free up cash for the things you actually want to spend on\u2026 travel, hobbies, family, or just sleeping better at night knowing the bills are covered.<\/p>\n
Let\u2019s break it down step-by-step so you can keep more in your pocket and still enjoy retirement.<\/p>\n
Downsize Your Home and Pocket the Savings<\/strong><\/h2>\nMoving from a larger home to a smaller, more manageable space can be one of the biggest money-savers in retirement.<\/p>\n
Let\u2019s say you currently live in a 2,000 sq. ft. house:<\/p>\n
\n- Property taxes<\/strong>: If you\u2019re paying $3,500\/year now, moving to a $200,000 smaller home in the same area could drop that to about $2,200\/year \u2014 that\u2019s $1,300 saved annually.<\/li>\n
- Utilities<\/strong>: Heating, cooling, and powering a smaller home can easily cut your bills by 20\u201340%. If you\u2019re spending $250\/month now, a downsized space might run $150\/month \u2014 $1,200\/year saved.<\/li>\n
- Maintenance & repairs<\/strong>: Larger homes cost more to keep up. Roofing, painting, lawn care \u2014 it all adds up. Average upkeep is $1\/sq. ft. per year, so dropping from 2,000 sq. ft. to 1,200 sq. ft. could save $800\/year.<\/li>\n
- Mortgage or rent<\/strong>: If you\u2019re still paying a mortgage, downsizing can free up hundreds each month. Example: Selling your current home for $350,000 and buying a $200,000 home could wipe out your mortgage completely \u2014 or free up $800\u2013$1,200\/month in payments.<\/li>\n<\/ul>\n
Real-world example:<\/strong>
Downsizing from a $350,000 3-bedroom to a $200,000 condo could:<\/p>\n\n- Put $150,000 in your pocket from the sale (before fees).<\/li>\n
- Save $3,000\u2013$4,500\/year in taxes, utilities, and maintenance.<\/li>\n
- Eliminate or drastically reduce your mortgage.<\/li>\n<\/ul>\n
That\u2019s money you can use for travel, healthcare, or simply making retirement less stressful.<\/p>\n
You Will Love: In These 10 States, Your $1 Million for Retirement Goes Further\u2014And the Southeast Tops the List<\/a><\/p>\nSave Money on Groceries<\/strong><\/h2>\nGroceries are one of the biggest monthly expenses in retirement and one of the easiest places to save money.<\/p>\n
Let\u2019s say you and your partner spend $600\/month on groceries ($7,200\/year). With a few frugal habits, you can cut that by 20\u201330%, putting $1,400\u2013$2,200\/year back in your pocket. Here\u2019s how:<\/p>\n
\n- Buy store brands instead of name brands<\/strong>: Many store-brand products are made in the same factories as their name-brand counterparts \u2014 just with a different label. Swapping even 10 items\/week can save $10\u2013$15. That\u2019s $500\u2013$750\/year.<\/li>\n
- Plan your meals around sales<\/strong>: If chicken breasts are $1.99\/lb this week, make two chicken-based dinners instead of buying $4.99\/lb steak. Weekly sale-based planning can easily save $20\u2013$25\/week = $1,000+\/year.<\/li>\n
- Stock up on non-perishables during discounts<\/strong>: Pasta, rice, canned goods, and frozen vegetables can last months. Buy them when they\u2019re 25\u201350% off, and you\u2019ll never have to pay full price.<\/li>\n
- Use senior discount days<\/strong>: Many grocery stores offer 5\u201310% off for seniors once a week. If you spend $100 that day, you save $5\u2013$10. Over a year? That\u2019s $260\u2013$520 saved.<\/li>\n
- Leverage loyalty cards & cashback apps<\/a><\/strong>: Store loyalty cards can unlock exclusive deals, and apps like Ibotta, Fetch Rewards, or Rakuten give cashback for groceries you\u2019d buy anyway. You might pull in $10\u2013$20\/month = $120\u2013$240\/year.<\/li>\n<\/ul>\n
Example savings breakdown:<\/strong><\/p>\n\n- Store brand swaps: $600\/year<\/li>\n
- Meal planning around sales: $1,000\/year<\/li>\n
- Senior discounts: $300\/year<\/li>\n
- Cashback apps: $150\/year<\/li>\n<\/ul>\n
That\u2019s $2,050\/year saved without cutting a single meal.<\/p>\n
The \u201cSet It and Forget It\u201d Savings Hack<\/strong><\/h2>\nRecurring bills<\/a> are sneaky. You sign up once, and they quietly drain your account month after month. The good news? A quick audit can free up $1,300\u2013$1,500\/year (or more) without impacting your lifestyle.<\/p>\nHere\u2019s where to look:<\/p>\n
\n- Streaming services<\/strong>: The average household now pays for 4\u20135 streaming subscriptions. At $15 each, that\u2019s $60\u2013$75\/month. Drop just 3 you barely use, and you\u2019ll save $540\/year.<\/li>\n
- Cell phone plans<\/strong>: If you\u2019re paying $60\/month for unlimited everything but only use 2 GB of data, switch to a $20\/month plan from a budget carrier. Savings = $480\/year.<\/li>\n
- Internet service<\/strong>: Call your provider and ask about promotions or loyalty discounts. Many retirees save $20\u2013$30\/month just by asking \u2014 that\u2019s $240\u2013$360\/year.<\/li>\n
- Unused memberships<\/strong>: Gym, magazines, premium apps \u2014 if you haven\u2019t used it in 2 months, cancel it. Cutting just $15\/month = $180\/year.<\/li>\n
- Insurance add-ons<\/strong>: Review your home and auto policies for extras you don\u2019t need (like roadside assistance you already have elsewhere). Even small tweaks can save $100\u2013$200\/year.<\/li>\n<\/ul>\n
Example savings breakdown:<\/strong><\/p>\n\n- Streaming cuts: $540\/year<\/li>\n
- Cheaper phone plan: $480\/year<\/li>\n
- Internet renegotiation: $300\/year<\/li>\n
- Unused memberships: $180\/year<\/li>\n
- Insurance trims: $150\/year<\/li>\n<\/ul>\n
That\u2019s additional <\/strong>$1,650\/year saved.<\/p>\nCook at Home More Often<\/strong><\/h2>\nEating out feels convenient\u2026 until you do the math. Even \u201ccheap\u201d takeout adds up fast in retirement.<\/p>\n
Let\u2019s break it down:<\/p>\n
\n- Average casual restaurant meal<\/strong>: ~$20 per person (with tax and tip).<\/li>\n
- Average home-cooked meal<\/strong>: $4\u2013$6 per person.<\/li>\n<\/ul>\n
If you and your partner eat out twice a week at $40 total per meal, that\u2019s:<\/p>\n
\n- $40 \u00d7 2 = $80\/week<\/li>\n
- $80 \u00d7 52 weeks = $4,160\/year<\/li>\n<\/ul>\n
Cut that in half… <\/p>\n
Just one restaurant meal per week and you save $2,080\/year.<\/p>\n
Go further? Make eating out a special once-a-month event:<\/p>\n
\n- Savings jump to $3,700+\/year.<\/li>\n<\/ul>\n
Extra ways to save while cooking at home:<\/strong><\/p>\n\n- Batch cook and freeze portions<\/strong>: Prepping 10 servings of chili for $20 means $2 per meal \u2014 ready in minutes.<\/li>\n
- Use cheaper proteins<\/strong>: Swap steak for chicken thighs, pork shoulder, beans, or lentils a few nights a week. Could save $10\u2013$15 per meal.<\/li>\n
- Repurpose leftovers<\/strong>: Roast chicken one night, chicken salad sandwiches the next \u2014 you get two meals for the price of one.<\/li>\n<\/ul>\n
Example savings breakdown (per year):<\/strong><\/p>\n\n- Cutting one restaurant meal\/week: $2,080<\/li>\n
- Swapping premium meats twice a week: $1,000+<\/li>\n
- Using leftovers creatively: $300\u2013$500<\/li>\n<\/ul>\n
Total annual savings potential:<\/strong> $3,300\u2013$3,600 and that\u2019s without touching your favorite \u201ctreat\u201d nights out.<\/p>\nUse Senior Discounts Everywhere<\/strong><\/h2>\nSenior discounts might only save a few dollars at a time\u2026 but over a year, they can quietly cover a vacation, pay a utility bill, or fund your holiday shopping. The trick is to always ask, because many places don\u2019t advertise them.<\/p>\n
Here\u2019s what the savings can look like:<\/p>\n
\n- Restaurants<\/strong>: Many offer 10\u201315% off.\n
\n- If you and your partner spend $40 eating out once a week, 10% off saves $4 each time.<\/li>\n
- $4 \u00d7 52 weeks = $208\/year.<\/li>\n<\/ul>\n<\/li>\n
- Grocery stores<\/strong>: Some have senior discount days (5\u201310% off).\n
\n- Spend $100\/week on groceries, 5% off = $5\/week saved.<\/li>\n
- $5 \u00d7 52 weeks = $260\/year.<\/li>\n<\/ul>\n<\/li>\n
- Entertainment<\/strong>: Movie theaters often give $2\u2013$3 off senior tickets.\n
\n- Go twice a month as a couple, save $4 each trip.<\/li>\n
- $4 \u00d7 24 trips = $96\/year.<\/li>\n<\/ul>\n<\/li>\n
- Public transport<\/strong>: Senior transit cards can cut fares by 50% or more.\n
\n- If you use public transport twice a week at $3\/ride, senior pricing might drop it to $1.50.<\/li>\n
- Savings = $3\/week \u00d7 52 = $156\/year.<\/li>\n<\/ul>\n<\/li>\n
- Retail stores<\/strong>: Some clothing and department stores offer 10\u201320% off on certain days.\n
\n- If you spend $500\/year on clothes, 15% off = $75\/year.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
Example annual savings:<\/strong><\/p>\n\n- Restaurants: $208<\/li>\n
- Groceries: $260<\/li>\n
- Entertainment: $96<\/li>\n
- Public transport: $156<\/li>\n
- Retail: $75<\/li>\n<\/ul>\n
Total potential yearly savings:<\/strong> $795+<\/strong> just for speaking up at the checkout counter.<\/p>\nDrive Less<\/strong><\/h2>\nCutting back on driving isn\u2019t just about fuel costs \u2014 every mile you skip saves money on insurance, maintenance, and the life of your car. <\/p>\n
The American Automobile Association (AAA) estimates the true cost of driving (fuel, insurance, maintenance, depreciation) is about $0.65 per mile.<\/p>\n
Let\u2019s see how that plays out:<\/p>\n
\n- Cutting 3,000 miles\/year<\/strong>\n
\n- 3,000 \u00d7 $0.65 = $1,950\/year saved.<\/li>\n<\/ul>\n<\/li>\n
- Dropping a second car<\/strong>\n
\n- Insurance: $800\u2013$1,200\/year<\/li>\n
- Registration\/taxes: $100\u2013$200\/year<\/li>\n
- Maintenance & repairs: $300\u2013$500\/year<\/li>\n
- Total: $1,200\u2013$1,900\/year saved (plus the cash from selling the car).<\/li>\n<\/ul>\n<\/li>\n
- Fuel savings<\/strong>\n
\n- If your car gets 25 mpg and gas costs $3.50\/gallon, every 100 fewer miles saves about $14.<\/li>\n
- Cutting 3,000 miles = ~$420\/year in gas alone (included in the $0.65\/mile AAA figure above).<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
Practical ways to drive less in retirement:<\/strong><\/p>\n\n- Combine errands into one trip.<\/li>\n
- Walk or bike for short distances.<\/li>\n
- Use public transportation with a senior discount pass.<\/li>\n
- Try grocery delivery or curbside pickup for bulk shopping trips.<\/li>\n<\/ul>\n
Example annual savings if you cut back hard:<\/strong><\/p>\n\n- Drive 3,000 fewer miles: $1,950<\/li>\n
- Sell second car: $1,500\/year + sale proceeds<\/li>\n
- Occasional public transport: -$100\/year (cost)<\/li>\n<\/ul>\n
Net yearly savings:<\/strong> $3,300\u2013$3,500+<\/strong> and that\u2019s before counting the value of selling an extra vehicle.<\/p>\nTravel Off-Season<\/strong><\/h2>\nOne of the biggest perks of retirement? You can travel whenever you want \u2014 and that\u2019s a huge money advantage. Going in the \u201cshoulder season\u201d (right before or after peak) can easily cut your travel bill by 20\u201340% without sacrificing the experience.<\/p>\n
Real-world example – Florida getaway for two:<\/strong><\/p>\n\n- High season (February):<\/strong>\n
\n- Flights: $450 each = $900<\/li>\n
- Hotel (7 nights): $220\/night = $1,540<\/li>\n
- Rental car: $400\/week<\/li>\n
- Total:<\/strong> $2,840<\/li>\n<\/ul>\n<\/li>\n
- Off-season (late April):<\/strong>\n
\n- Flights: $300 each = $600<\/li>\n
- Hotel: $150\/night = $1,050<\/li>\n
- Rental car: $280\/week<\/li>\n
- Total:<\/strong> $1,930<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
That\u2019s $910 saved on the exact same trip.<\/p>\n
Other examples:<\/strong><\/p>\n\n- Mediterranean cruise:<\/strong> Book in May instead of July \u2014 cabins often $600 cheaper per person. Savings for two: $1,200.<\/li>\n
- Mountain cabin:<\/strong> Mid-week in September instead of July can cut rates from $200\/night to $120\/night. For a 5-night stay, that\u2019s $400 saved.<\/li>\n<\/ul>\n
Bonus savings:<\/strong><\/p>\n\n- Less crowded = shorter lines, cheaper excursions, better service.<\/li>\n
- Restaurants in tourist spots often run specials to attract off-season visitors.<\/li>\n<\/ul>\n
Estimated yearly savings:<\/strong>
If you take two major trips\/year and save ~$800\u2013$1,000 each time, that\u2019s $1,600\u2013$2,000\/year.<\/p>\nLower Energy Costs<\/strong><\/h2>\nEnergy bills<\/a> are one of those \u201csilent\u201d retirement expenses that creep up every year. The good news? A few small changes can save $200\u2013$500\/year without touching your comfort.<\/p>\nQuick, low-cost fixes:<\/strong><\/p>\n\n- Switch to LED bulbs<\/strong>: LEDs use up to 80% less electricity than incandescent bulbs. If you replace 20 bulbs, you could save ~$75\/year<\/strong> in electricity.<\/li>\n
- Unplug unused electronics<\/strong>: TVs, chargers, microwaves, and coffee makers still draw power on standby. Unplug or use power strips and save $50\u2013$100\/year.<\/li>\n
- Thermostat adjustments<\/strong>: Lower heat by 2\u00b0F in winter and raise AC by 2\u00b0F in summer. Saves ~5% on heating\/cooling about $50\u2013$150\/year depending on climate.<\/li>\n
- Ceiling fans<\/strong>: Running a fan lets you raise AC temp by 4\u00b0F while staying comfortable. Cost: ~$1\/month to run vs. ~$15 for AC. Potential savings: $100\u2013$200\/year.<\/li>\n<\/ul>\n
Bigger upgrades with long-term payoff:<\/strong><\/p>\n\n- Energy-efficient appliances<\/strong>: Replacing an old fridge or washer can cut usage by 20\u201340%. Potential savings: $50\u2013$150\/year per appliance.<\/li>\n
- Home insulation\/weatherproofing<\/strong>: Better insulation can lower heating\/cooling bills by 10\u201315%, saving $100\u2013$250\/year in many climates.<\/li>\n<\/ul>\n
Example yearly savings for a typical household:<\/strong><\/p>\n\n- LED bulbs: $75<\/li>\n
- Unplugging electronics: $80<\/li>\n
- Thermostat adjustment: $100<\/li>\n
- Ceiling fan use: $120<\/li>\n
- Energy-efficient fridge: $100<\/li>\n<\/ul>\n
Total:<\/strong> $475\/year saved<\/strong> before any utility rebates you might qualify for.<\/p>\nFun That Costs $0<\/strong><\/h2>\nRetirement isn\u2019t just about saving money, it\u2019s about enjoying your time. <\/p>\n
The trick? Swap some paid outings for free (or nearly free) activities and you can save $500\u2013$1,000\/year while still having a full social calendar.<\/p>\n
Let\u2019s do the math:<\/strong><\/p>\n\n- Movies<\/strong>: Two tickets + popcorn once a month = ~$25. Switch half of those to free library movie nights or at-home streaming. Savings: $150\/year.<\/li>\n
- Concerts & shows<\/strong>: Local community events, open mic nights, and free summer concerts can replace $40 tickets. Swap 4 paid shows for free ones = $160 saved.<\/li>\n
- Fitness<\/strong>: Ditch the $30\/month gym for free walking groups, YouTube yoga, or community center classes. Savings: $360\/year.<\/li>\n
- Museums & galleries<\/strong>: Many have free admission days or senior discounts that make them free. Visit once a month instead of paying $15\/ticket \u2014 $180\/year saved for two people.<\/li>\n
- Hobbies<\/strong>: Join free clubs through your library or local senior center \u2014 book clubs, photography walks, gardening groups. These can replace pricey workshops.<\/li>\n<\/ul>\n
Example yearly savings:<\/strong><\/p>\n\n- Movies: $150<\/li>\n
- Concerts\/shows: $160<\/li>\n
- Gym: $360<\/li>\n
- Museums: $180
Total:<\/strong> $850\/year<\/strong> saved \u2014 without sitting at home bored.<\/li>\n<\/ul>\nBonus: <\/strong>Free activities often lead to new friendships and local connections, which can make retirement richer in more ways than just financially.<\/p>\nReview Insurance Annually<\/strong><\/h2>\nInsurance is one of those \u201cset it and forget it\u201d expenses\u2026 and that\u2019s exactly why many retirees overpay. <\/p>\n
Rates creep up every year, but companies rarely call to tell you there\u2019s a cheaper option. Reviewing your policies once a year can save $500\u2013$1,000+ without reducing coverage.<\/p>\n
Here\u2019s where the savings hide:<\/strong><\/p>\nHome insurance<\/strong><\/p>\n\n- Average premium: ~$1,500\/year.<\/li>\n
- Shopping around or bundling with auto can cut costs by 10\u201320%.<\/li>\n
- Potential savings:<\/strong> $150\u2013$300\/year.<\/li>\n<\/ul>\n
Auto insurance<\/strong><\/p>\n\n- Average premium: ~$1,700\/year.<\/li>\n
- Retirees often qualify for low-mileage discounts (driving under 7,500 miles\/year can save 5\u201310%).<\/li>\n
- Switching providers or raising your deductible could save $200\u2013$500\/year.<\/li>\n<\/ul>\n
Supplemental health insurance \/ Medicare plans<\/strong><\/p>\n\n- Plans and pricing change annually. Many people can save $20\u2013$50\/month just by reviewing options.<\/li>\n
- Annual savings:<\/strong> $240\u2013$600\/year.<\/li>\n<\/ul>\n
Umbrella or specialty policies<\/strong><\/p>\n\n- If you\u2019ve downsized or sold assets, you might not need certain coverage levels anymore. Adjusting these can cut $50\u2013$100\/year.<\/li>\n<\/ul>\n
Example annual savings breakdown:<\/strong><\/p>\n\n- Home insurance: $250<\/li>\n
- Auto insurance: $300<\/li>\n
- Medicare or supplemental: $400<\/li>\n
- Policy adjustments: $75<\/li>\n<\/ul>\n
Total potential savings:<\/strong> $1,025\/year<\/strong> all from a couple of hours of comparison shopping or calling your current provider.<\/p>\nThe post 10 Tips to Live Frugally After Retirement<\/a> appeared first on Dollarsanity<\/a>.<\/p>\n
Real-world example:<\/strong> That\u2019s money you can use for travel, healthcare, or simply making retirement less stressful.<\/p>\n You Will Love: In These 10 States, Your $1 Million for Retirement Goes Further\u2014And the Southeast Tops the List<\/a><\/p>\n Groceries are one of the biggest monthly expenses in retirement and one of the easiest places to save money.<\/p>\n Let\u2019s say you and your partner spend $600\/month on groceries ($7,200\/year). With a few frugal habits, you can cut that by 20\u201330%, putting $1,400\u2013$2,200\/year back in your pocket. Here\u2019s how:<\/p>\n Example savings breakdown:<\/strong><\/p>\n That\u2019s $2,050\/year saved without cutting a single meal.<\/p>\n Recurring bills<\/a> are sneaky. You sign up once, and they quietly drain your account month after month. The good news? A quick audit can free up $1,300\u2013$1,500\/year (or more) without impacting your lifestyle.<\/p>\n Here\u2019s where to look:<\/p>\n Example savings breakdown:<\/strong><\/p>\n That\u2019s additional <\/strong>$1,650\/year saved.<\/p>\n Eating out feels convenient\u2026 until you do the math. Even \u201ccheap\u201d takeout adds up fast in retirement.<\/p>\n Let\u2019s break it down:<\/p>\n If you and your partner eat out twice a week at $40 total per meal, that\u2019s:<\/p>\n Cut that in half… <\/p>\n Just one restaurant meal per week and you save $2,080\/year.<\/p>\n Go further? Make eating out a special once-a-month event:<\/p>\n Extra ways to save while cooking at home:<\/strong><\/p>\n Example savings breakdown (per year):<\/strong><\/p>\n Total annual savings potential:<\/strong> $3,300\u2013$3,600 and that\u2019s without touching your favorite \u201ctreat\u201d nights out.<\/p>\n Senior discounts might only save a few dollars at a time\u2026 but over a year, they can quietly cover a vacation, pay a utility bill, or fund your holiday shopping. The trick is to always ask, because many places don\u2019t advertise them.<\/p>\n Here\u2019s what the savings can look like:<\/p>\n Example annual savings:<\/strong><\/p>\n Total potential yearly savings:<\/strong> $795+<\/strong> just for speaking up at the checkout counter.<\/p>\n Cutting back on driving isn\u2019t just about fuel costs \u2014 every mile you skip saves money on insurance, maintenance, and the life of your car. <\/p>\n The American Automobile Association (AAA) estimates the true cost of driving (fuel, insurance, maintenance, depreciation) is about $0.65 per mile.<\/p>\n Let\u2019s see how that plays out:<\/p>\n Practical ways to drive less in retirement:<\/strong><\/p>\n Example annual savings if you cut back hard:<\/strong><\/p>\n Net yearly savings:<\/strong> $3,300\u2013$3,500+<\/strong> and that\u2019s before counting the value of selling an extra vehicle.<\/p>\n One of the biggest perks of retirement? You can travel whenever you want \u2014 and that\u2019s a huge money advantage. Going in the \u201cshoulder season\u201d (right before or after peak) can easily cut your travel bill by 20\u201340% without sacrificing the experience.<\/p>\n Real-world example – Florida getaway for two:<\/strong><\/p>\n That\u2019s $910 saved on the exact same trip.<\/p>\n Other examples:<\/strong><\/p>\n Bonus savings:<\/strong><\/p>\n Estimated yearly savings:<\/strong> Energy bills<\/a> are one of those \u201csilent\u201d retirement expenses that creep up every year. The good news? A few small changes can save $200\u2013$500\/year without touching your comfort.<\/p>\n Quick, low-cost fixes:<\/strong><\/p>\n Bigger upgrades with long-term payoff:<\/strong><\/p>\n Example yearly savings for a typical household:<\/strong><\/p>\n Total:<\/strong> $475\/year saved<\/strong> before any utility rebates you might qualify for.<\/p>\n Retirement isn\u2019t just about saving money, it\u2019s about enjoying your time. <\/p>\n The trick? Swap some paid outings for free (or nearly free) activities and you can save $500\u2013$1,000\/year while still having a full social calendar.<\/p>\n Let\u2019s do the math:<\/strong><\/p>\n Example yearly savings:<\/strong><\/p>\n Bonus: <\/strong>Free activities often lead to new friendships and local connections, which can make retirement richer in more ways than just financially.<\/p>\n Insurance is one of those \u201cset it and forget it\u201d expenses\u2026 and that\u2019s exactly why many retirees overpay. <\/p>\n Rates creep up every year, but companies rarely call to tell you there\u2019s a cheaper option. Reviewing your policies once a year can save $500\u2013$1,000+ without reducing coverage.<\/p>\n Here\u2019s where the savings hide:<\/strong><\/p>\n Home insurance<\/strong><\/p>\n Auto insurance<\/strong><\/p>\n Supplemental health insurance \/ Medicare plans<\/strong><\/p>\n Umbrella or specialty policies<\/strong><\/p>\n Example annual savings breakdown:<\/strong><\/p>\n Total potential savings:<\/strong> $1,025\/year<\/strong> all from a couple of hours of comparison shopping or calling your current provider.<\/p>\n The post 10 Tips to Live Frugally After Retirement<\/a> appeared first on Dollarsanity<\/a>.<\/p>\n
Downsizing from a $350,000 3-bedroom to a $200,000 condo could:<\/p>\n\n
Save Money on Groceries<\/strong><\/h2>\n
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The \u201cSet It and Forget It\u201d Savings Hack<\/strong><\/h2>\n
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Cook at Home More Often<\/strong><\/h2>\n
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Use Senior Discounts Everywhere<\/strong><\/h2>\n
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Drive Less<\/strong><\/h2>\n
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Travel Off-Season<\/strong><\/h2>\n
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If you take two major trips\/year and save ~$800\u2013$1,000 each time, that\u2019s $1,600\u2013$2,000\/year.<\/p>\nLower Energy Costs<\/strong><\/h2>\n
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Fun That Costs $0<\/strong><\/h2>\n
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Total:<\/strong> $850\/year<\/strong> saved \u2014 without sitting at home bored.<\/li>\n<\/ul>\nReview Insurance Annually<\/strong><\/h2>\n
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