So you may be surprised to learn which expense probably will eat more of your retirement budget. Want to guess? Housing or Healthcare?

Robert Powell, editor of Retirement Daily, answers that question in the video above to find out. 

But let's just say that housing costs are increasing very quickly these days, writes Powell in a recent column.

So having a plan for your retirement housing expenses is crucial.

Because your housing decison -- where live and what you live in -- basically drives all of your other decisions.

"Thirty-three cents of every retirement dollar is spent on housing, says Powell in the video above.

So it may be time to think about reducing those costs.

Watch the video above to learn more!

 

  • Retirement is coming. It's never too early -- or too late -- to plan, save and invest for the retirement you want and deserve. Let TheStreet's new premium subscription newsletter, Retirement Daily, give you the insider's edge on how to maximize and protect your most important investment, your retirement savings. Learn more about Retirement Daily and get a free trial subscription.

 

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