3) Live with your Kids
If you want to save a little money right after you retire, consider moving in with your kids. If your kids are okay with it, this could be a good way for both of you to save money. Plus, if you have grandchildren, you’ll get to spend lots of precious time with them. If you and your kids decide that moving in together will work you, be sure to sit down and set all your ground rules right away. If, for example, your kids don’t want you to have friends over on weeknights, it will be good to know this right away so you won’t have to worry about having a conflict later. Once you’ve figured out a system that works for everyone, you’ll be able to relax and enjoy spending valuable time with your loved ones. Plus, you may have some travel money to spend as well.