It also depends on what you plan to do in retirement.

If you like to bike, camp, and hike, your expenses are probably less than those who plan to fly to Europe for vacations.

Generally speaking, your basic expenses should be lower after retirement having paid off your mortgage, cars, etc. It's how you plan to spend your free time that could be more expensive.

Pick up a hobby. Learn to play a musical instrument. Learn a foreign language. Take a cooking or gardening class. No matter what, the one thing you really need to do is get outside and move! Go for daily walks, bike rides, etc. Don't just sit on your butt and watch TV.

In response to this post by Tafkam Hokie

Posted: 12/22/2021 at 1:24PM

Those of you who have retired... -- great2bahokie 12/22/2021 1:03PM

My advice is don't expect to spend less in retirement. ** -- Galenahokie 12/23/2021 10:07AM

Retired in 1999, no negatives, better of $ wise than before retirement. ** -- 7Hokie1 12/22/2021 3:34PM

Retired in 2017. Luckily, I get a pension and it more than covers our -- Hokerer 12/22/2021 2:18PM

Same here. One year in, and living off the pension only. Very nice watching -- Stork 12/22/2021 2:50PM

Do you need a bowl warmer? Pillow fluffer? ** -- Brown Water 12/22/2021 4:57PM

Ha. I should add. Living off my pension and my wife's salary. Got her still -- Stork 12/22/2021 5:19PM

Nice! ** -- great2bahokie 12/22/2021 2:20PM

We're in better shape financially now than before retirement... -- Major Kong 12/22/2021 1:36PM

Wrong place** -- Hokerer 12/22/2021 2:17PM

Right time. 😊 ** -- Major Kong 12/22/2021 2:23PM

We spend more than we did pre retirement -- 133743Hokie 12/22/2021 1:11PM

Humble brag on generational wealth. ** -- VT Pez4Life 12/22/2021 5:39PM

I always see that you can expect expenses to go down in retirement -- Tafkam Hokie 12/22/2021 1:17PM

The biggest concern is the potential medical issues/costs. Need to really -- Stork 12/22/2021 2:52PM

Right on, medical expenses higher this past year than ever before. Luckily -- AZHokie59 12/22/2021 3:39PM

This is my greatest fear. -- great2bahokie 12/22/2021 2:20PM

I just don't want to wait so long to retire that I can't enjoy retirement. -- Tafkam Hokie 12/22/2021 2:27PM

Excellent point. If one wants to enjoy active retirement, need early start -- Burke Hokie 12/22/2021 2:39PM

It also depends on what you plan to do in retirement. -- EDGEMAN 12/22/2021 1:24PM

Inside -- AZHokie59 12/22/2021 3:32PM

1. Hookers 2. Blow 3. Red Lobster 5x a week ** -- MrBayAreaHokie 12/22/2021 1:49PM

I need your financial planner! ** -- Kudelski 12/22/2021 2:18PM

And its not like hookers & blow are going to get any cheaper. -- HokieNoVA 12/22/2021 1:58PM

So there's that... ** -- great2bahokie 12/22/2021 2:10PM

I just look at my expenses now and don't see many ways they could go down -- Tafkam Hokie 12/22/2021 1:37PM

Sounds like you're already there! :) ** -- EDGEMAN 12/22/2021 1:43PM

So, just retire now then? Got it. ** -- Tafkam Hokie 12/22/2021 2:12PM

It also depends on what you plan to do in retirement.

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