Retirement doesn’t just change how much money comes in. It changes where your money goes. While healthcare and leisure spending often increase, many work-related expenses naturally shrink or disappear once you stop commuting, dressing for the office, or saving for retirement. In fact, Bureau of Labor Statistics spending data show that retired households generally spend less overall than working households, although every retirement budget looks different. Here’s a look at seven major expenses that you can finally cross off your budget list once you embrace life after work.
