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Increased Costs Press Retirement Budget For Retirees
Texas A&M extension specialist Doris Myers warns fixed incomes face rising food and medical costs. She advises retirees dissave, inventory assets, and plan income versus expenses to stretch a pension. Create a detailed budget listing all income, fixed costs, and variable items then trim as needed to balance.
MENTIONED IN THIS ARTICLE
Doris Myers
Texas Agricultural Extension Service
Texas A&m University
Myers