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When it comes to any expensive brands or stores, Hudnall said Forget about it!
In fact, RSM shared that housing …currently totals 37% of my monthly NET Social Security.
The cost of those services continue to increase so the HOA fee increases each year.
The State of Missouri enacted a real estate tax freeze for seniors beginning in 2025, RSM shared.
Unfortunately, St. Louis Countys implementation of the system process is woefully behind other major municipalities in the state.
Healthcare
As we age, healthcare and the cost of it become more of a priority.
RSM noted that [a]cupuncture may be an optional expense for many.
At this time it eliminates the need for surgery to replace a joint.
If [my pets] have savings accounts, they never share them with me, joked Hudnall.
Also, Social Security will never cover the cost of a vacation.
Or a pet sitter.
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