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12 Things You Should Cut Before or During Retirement

• Mike Wright • Season 1 • Episode 275

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0:00 | 16:46

Retirement isn't just about how much money you've saved. It's also about how much money is still going out the door.

In this episode of MX3 Podcast, we break down 12 expenses and financial decisions that could deserve another look before or during retirement. From auto and life insurance to credit card debt, home repairs, vehicle warranties, precious metals, timeshares, direct deposit, and even bathroom renovations, we discuss which ideas make sense and which ones we aren't completely sold on.

We also get into a bigger question: Should you still have a mortgage, car payment, or high-interest debt when you retire?

Some of these recommendations could save money. Others might cost money upfront in hopes of preventing a much larger expense later. And a few sparked some disagreement between us.

💬 We want to hear from you: If you're retired or preparing for retirement, which expenses would YOU cut first? And do you believe your house should be completely paid off before you retire?

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