
Adopting creative approaches to finance can help some retirees simplify their lives while maximizing their tax savings. And one potentially powerful but perhaps lesser-known strategy involves minimalism.
The minimalist mindset began as an art movement about seventy years ago. But in recent decades, the movement has gained traction by becoming synonymous with stuff and time: spending less, keeping only what you need, and removing frivolous distractions to focus more on what matters to you most.