Planning Food Cost For Retirement-How To Achieve The Money You Need To Retire Comfortably On
Many people forget during their retirement planning to plan for each and every expense that will arise during their retirement. This is exactly the reason the vast majority of Americans get to their retirement years and find they dont have enough money to retire on.
According to the Social security administration, 95% of people will not be able to retire comfortably. Unfortunately, this stat could have been alleviated by most people from some simple and thorough planning for the costs they will be faced with after retirement.
Of course, food cost is one of the biggies that most people overlook when planning this important stage. Most people get so caught up in planning for their housing, cars, and other larger expenses, they forget about this everyday, seemingly trivial expenses. Obviously, as Im sure you are aware of now, food costs can really add up if youre not careful.
In planning for these food costs for retirement, first of all, sit down and figure out exactly what you spend on food every week now. Now figure out how much that figure is per month, and...