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Less Stress, More Money: How to Pull Off Your Dream Retirement Maurie Backman Many seniors enter retirement and wind up miserable early on. The reason? Money worries. Adjusting to a fixed income is no easy feat, and a lot of older Americans wind up struggling financially when they realize just how expensive retirement is. If you'd rather avoid that fate and instead coast through your senior years, here are three important moves to make. © Getty Images Smiling older man holding mug outdoors. 1. Research your costs It's easy to assume that your living expenses will largely st...

Author Bio Maurie Backman is a personal finance writer who's passionate about educating others. Her goal is to make financial topics interesting (because they often aren't) and she believes that a healthy dose of sarcasm never hurt anyone. In her somewhat limited spare time, she enjoys playing in nature, watching hockey, and curling up with a good book. It's not a secret that healthcare is a major expense for seniors. In fact, for many retirees, it's their single greatest monthly expense. But new data from the Senior Citizens League reveals that older Americans are spe...

January 13, 2021 5:46 AM newsfeedback@fool.com (Maurie Backman) Posted: Updated: January 15, 2021 5:52 AM It’s not a secret that healthcare is a major expense for seniors. In fact, for many retirees, it’s their single greatest monthly expense. But new data from the Senior Citizens League reveals that older Americans are spending an uncomfortably large chunk of their income on medical expenses, and it’s apt to be hurting them in a very big way. What are seniors spending on healthcare? A big reason healthcare constitutes such a burden for seniors is that its cost continues to ou...