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Reply to "Anyone transition from big pay/big house/big expense to a low cost, simple, yet fulfilling retirement life?"
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[quote=Anonymous]I kept my same lifestyle (ie, home, car). Like most of my friends, however, have found that I spend less in retirement. Of course, you are no longer contributing to your retirement savings, you pay less tax, you aren’t supporting children, your home may be paid off. No need for professional clothes, less gas. I do spend more on travel…but I am not home buying groceries or using utilities when I am away. Just keep this in mind. (Have good health insurance…since those costs are likely to go up over time). [/quote]
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