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These might have been necessary when you were working, but not in retirement.
Heres a look at four of them.
Also see expenses you should avoid when on Social Security.
Allow enough money in your budget for regular health checkups and doctor visits.
Signing up for Medicare when you turn 65 is another important step.
If your budget allows and you dont have other options sign up for Medicare Part B.
In 2024, the monthly premium for Medicare Part B is $174.70.
The yearly deductible is $240.
Dont load up on junk or processed food just to save money.
Instead, make room in the budget for whole grains andfresh fruits and vegetables.
But youll likely end up regretting it.
You dont want to live in an area where you might be a target for criminals.
Consider moving near friends and family to ensure you have plenty of social outlets.
Along the same lines, you dont want to cut corners on maintaining asafe and well-functioning home.
double-check your appliances and electrical systems are up to date and dont pose a safety hazard.
In addition, keep your security systems updated and in good working condition.
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