retirement

5 ways to save money in retirement

Drive a bargain
Next
6 of 7
Back
Drive a bargain

After housing, cars are one of a consumer's biggest expenses. "People don't think about operating costs and the total costs of owning a car, including repairs, insurance and maintenance," Kober says.

Kober notes that couples can save money by cutting back to one vehicle. Also, retirees might employ other creative strategies like renting a cheap car for long trips instead of putting more wear and tear on their own set of wheels.


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jean Chatzky

Jean Chatzky: Money help for adult kids

Boomers with financially independent children are more than twice as likely to be retired than boomer parents still supporting adult kids.  ... Read more

advertisement
Partner Center
advertisement

Connect with us