The First Budget Item Retirees Should Rework When Inflation Stays High

For retirees, inflation hits differently than it does for workers, because income is often fixed while expenses keep climbing — they can’t get a raise or work overtime to cover these costs. High inflation forces retirees to make tough budgetary tradeoffs, but not all budget categories deserve equal scrutiny. Find Out: 8 Things To Stop Doing After 60, According To Kevin Lum Read Next: 5 Clever Ways Retirees Are Earning Up To $1K per Month From Home Financial planners and retirement experts said the key is ...