"Retiree Spending Habits: Are You Overspending on These 4 Categories?"

The average retiree spends $4,345 on monthly expenses, with 75% of that going towards housing, transportation, health care, and food. Downsizing, using public transportation, preventative health care, and meal planning are ways to cut costs in these categories. Making modest changes in these areas can help retirement dollars go farther over time.