
Budgeting on a fixed income can be challenging, but millions of retirees do it successfully every year. To help you with retirement planning, GOBankingRates spoke with Diane P., a 68-year-old retired teacher, who shared her actual monthly budget and strategies for living comfortably in her golden years.
From housing and healthcare to entertainment and savings, this breakdown offers real-world insight into managing expenses after leaving the workforce, plus tips on how to set a retirement budget without sacrificing your lifestyle.