Many think about what they'd like to do with their free time once they retire, but what kind of expenses do you need to keep in mind when budgeting for your retirement? The Social Security Administration is reminding those planning for retirement of the expenses people need to keep on top of while they enjoy their retirement years.
Jack Myers with the Social Security Administration says there are a few things to keep in mind as you plan for your retirement to make sure that you don't run out of money during your post-working years.
Myers also says don't overlook some of those non-essential expenses that you may incur during your retirement.
Myers suggested visiting the Social Security Administration's website for a number of handy calculators that can help you plan for your retirement.
Myers appeared as a guest on the Newstalk WTIM Morning Show.