GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Senior man have contact less payment scan invoice on mobile phone stock photo

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.

This method is also known asthe anti-budget.

facebook sharing button

Is Budgeting Necessary in Retirement?

This approach is all well and good while someone is working and earning a steady paycheck.

But what about retirees?

twitter sharing button

Can they stop budgeting, too?

These sources may include Social Security, a pension, a 401(k) and other investment accounts.

This approach works well for diligent savers who are confident they wont outlive their funds.

linkedin sharing button

More From GOBankingRates

Share This Article:

The Latest inSaving Money

email sharing button