3 Retirement Expenses People Never Think About -- But Should
Take a moment and make a list of all the expenses you'll have in retirement. It's not easy, is it? There are a lot of them, and they're not always easy to predict. Most people remember the basics, like food, housing, and transportation. But far too many people are forgetting about the three expenses listed below.
Most retirees will still have to pay taxes, unless they've stashed all their savings in Roth retirement accounts. You pay taxes on your contributions to these accounts, so your withdrawals in retirement are tax-free. But tax-deferred retirement account contributions reduce your taxable income for that year, so you have to pay taxes on your withdrawals.
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Source Fool.com
