Some people see retirement as a chance to sit back and relax, while others take advantage of their newfound time by traveling the globe. Either way you spin it, retirement costs money. As long as you are breathing, you will incur... costs -- and some of your bills will be unexpected.
Here are the top five expenses that aren't always factored into a retirement budget or investment plan. The good news? Almost all are related to a positive trend: people are living longer, healthier lives.
1. Living Longer
(Happy 100th Birthday!)
2. Adult Children With Money Problems
(Your empty nest may not stay that way)
3. Higher Taxes, Higher Inflation
(Pay it out to LHDN. Taxes are one of the two things you cannot escape in life)
4. Health Costs and Dental Care
(Expect to pay for a happy, healthy you)
5. Repairs for Your Older Home
(It’s Tool Time!)See more
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