05/12/2012 08:17 am ET

5 Recurring Expenses To Reduce In Retirement

As you approach retirement, it is important to sit down and work out your retirement budget. Once you leave full-time employment, your income will inevitably go down. If you are not prepared, it can be a difficult transition. Many of us take recurring expenses for granted when we have a steady paycheck. But with more time than income, it is prudent to re-examine these monthly bills.

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