Moving to a smaller house or a city post-retirement will help reduce your expenses and save money.
If your children are financially independent or have moved out, you no longer need to support them financially.
Look for places that are not far from your work place or market to avoid expenses on petrol, public transportation, and parking.
Refrain from expensive habits, like dining out frequently, to save money and reduce stress.
While charitable giving is admirable, you may choose to reduce or adjust your donations based on your post-retirement income.
You could consider reducing OTT subscriptions or other unncessary monthly plans to help reduce costs.
Make energy-efficient upgrades in your home, like installing LED lighting or improving insulation, to reduce utility bills.
If you've paid off your mortgage you can significantly reduce your housing expenses.
Compiled By Avijit Gupta