In numerous surveys, retirees often report that the way they make ends meet in retirement is to spend less money. That's not necessarily a bad thing: Many people find that buying more stuff doesn't make them happier; what does make their life better is spending time with friends and family and pursuing their interests and hobbies, and those things don't need to cost much money.
If you're approaching retirement, you can help prepare by focusing right now on spending "just enough" to meet your needs and be happy. You'll also save more for your retirement years, making this a win-win step.
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