YOUR RETIREMENT NEST EGG – THIS EXPENSE COULD DEPLETE IT. ARE YOU PREPARED?
HINT: IT’S AN EXPENSE THAT MANY FACE BUT DON’T PROPERLY PLAN FOR.
It’s no secret that retirement can be an expensive period of life. With housing, healthcare and keeping busy, you might find that you spend more money during your senior years than anticipated. And for that reason, it’s important to come into retirement with a healthy amount of savings.
But there’s another major senior living expense that could catch you completely off guard. And if you’re not careful, it can potentially deplete your retirement savings and leave you miserably cash-strapped.