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GOBankingRates
GOBankingRates
Crystal Mayer

5 Things Retirees Spend 80% of Their Income on, According to Kevin Lum

Kevin Lum
Extreme Media / iStock.com

Certified financial planner Kevin Lum is known for giving real-world advice to retirees or hopeful retirees.

He recently explained in a YouTube video to his nearly 180,000 subscribers where retirees spend the majority of their income and how they can reduce costs in these areas to live a worry-free retirement without sacrificing every creature comfort.

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