Categories: Investing

Retirees Are Wasting More Than $8000/Year on These 10 Things

A Mortgage

Clearly, you will still need a safe and affordable place to live in retirement. However, ensuring that you’ve polished off payments on your mortgage prior to retirement means you won’t have to pay the additional interest costs associated with that loan. The Bureau of Labor Statistics puts the average annual expenditure on mortgage interest and charges at $1,574.

Savings Total: $8,104.86

Tudor Zaharia

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Tudor Zaharia

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Tudor Zaharia

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