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I have been retired for 6 years and yes many expenses go down.retirement contributions, Insurances, city taxes, taxes in general.Although my yearly income decreased my @ 20% upon retirement my monthly retirement check was only about 300.00 less than my working take home pay.As is mentioned by others expenses go down in many other areas, Lunches Coffee breaks, work clothing, you tend to drive less and since you are now a senior person..55 or over, there are many other discounts. My wife retires in 14 months and we had planned to travel perhaps as much as 30 to 35,000 miles per year for at least 5 years..and we did some very careful budget planning ..however..I have to say that the current fuel pricing and if it should remain the same or increase, plus the fact that the price of oil effects most everything else including campground fees..has trashed our retirement travel plans...We are in a wait and see mode..and we are not happy campers.
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