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Perhaps youve considered moving somewhere cheaper.
There are strategic moves you’re able to make to better afford retirement in an expensive city.
Below are six expert-recommended things to do if youre pretty much stuck in apricey location throughout your golden years.
To solve this problem, she strategically downsized.
Downsizing doesnt have to mean leaving your community its about finding a more manageable fit for your lifestyle.
Tons ofretailers and communitiesoffer exclusive benefits and discounts to seniors.
Take advantage of them.
They were astonished at how these little things added up to big savings.
So, Renwick helped her come up with an agreeable alternative.
Instead, we explored the option of renting out her guesthouse on Airbnb, Renwick said.
Within months, she was bringing in enough money to pay her mortgage.
You may not even know what benefits are available to you.
We applied, and now she saves thousands of dollars a year on other living expenses.
Many retirees never find these opportunities because they are not well advertised, but boy, do they help.
You must always keep in mind that credit card debt is possibly your biggest expense.
Wiping it out will help set you free.
you could still have a lot offun and joyon a frugal budget.
Be mindful to avoid becoming frugal to the point of feeling utterly deprived.
She not only saved money but remained socially active, too a win-win.
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