Top Expense for Retirees: Their Home

Home-related expenses include mortgages, property taxes, homeowner’s or renter’s insurance, rent, utilities, home repairs, home furnishings, housecleaning supplies, housekeeping and laundry services, gardening and yard supplies, and gardening and yard services. A retiree’s home is the major expense based on a finding in a report from the Employee Benefit Research Institute. The expenses in management and caretaking of a home are on par with unexpected health expense. More …Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

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