5 Things That May Threaten Your Happy Retirement

Unexpected Major Expenses

Just because your lifestyle is changing in retirement, it doesn’t mean unfortunate things can’t happen.

Citing expenses such as roof repairs and new cars, Colegrove said, “It is very important that, in your day-to-day budget, you are still saving for these expenses. On fixed incomes, not only might it be harder to qualify for a loan to cover the costs, the loan payments could blow your budget.”

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