Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Watch Out for These 10 Hidden Costs in Retirement

February 20, 2023 · Personal Finance
Work From Home
Photo by Ground Picture at Shutterstock

If you’ve faithfully saved for retirement over the years, it’s wise to sit down and go over your finances before you leave your job. You’d be surprised to learn how much money you spend on hidden costs, including management and service fees tied to your retirement accounts.

“It’s amazing how much some of these fees can wreck your retirement nest egg over the course of 30 to 40 years,” points out Gary Scheer, a retirement financial advisor. Add in the subtle charges that can arise in the long run, and your overall savings could be badly affected.

Here are 10 hidden costs to watch for during your golden years and how to manage them.

Pages: 1 2 3 4 5 6 7 8 9 10 11

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior couple reviews their household budget on a laptop in a bright, modern kitchen. Social Security's 2027 COLA Could Be the Smallest in Years
  • A person showing a digital discount coupon on their phone to a pharmacist at a bright, modern pharmacy counter. TrumpRx Is Here - But Will It Actually Lower Your Drug Costs?
  • A happy couple shopping with a full cart at a warehouse club in 2026. Top 10 Sam's Club Deals You Can't Ignore in 2026
  • A couple shopping for high-end deals at a modern warehouse store. 12 Costco Deals Shoppers Are Jumping on for 2026
  • A high-end desk setup with a Social Security card and a gold pen, representing presidential financial benefits. Is Trump on Social Security? A Look at Presidential Benefits
  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

A photograph depicting a senior couple happily relaxing together, symbolizing financial security in retirement.

Your Complete Guide to 2026 Social Security Spousal Benefits

Navigating the world of Social Security can sometimes feel like learning a new language. With…

Read More →
switching banks

Switching Banks? Here Are 8 Pros and Cons You Should Know

If you’re thinking of switching banks, you are not alone. According to a 2021 study,…

Read More →
A senior citizen sits at a desk, reviewing paperwork and ignoring a ringing phone, with a computer displaying a secure website.

7 Common Financial Scams Targeting Seniors and How to Avoid Them

Navigating your financial life in retirement should be a time of confidence and peace of…

Read More →
Recession

A Recession Is Upon Us! Here Are 8 Things You Don’t Know About Them!

A massive geometric bear towers over a lone businessman, illustrating the looming shadow of a…

Read More →
warehouse

10 Things You Should Always Buy in Bulk at Warehouse Clubs

If you want to find new ways to maximize your savings, probably one of the…

Read More →
A smartphone displaying a mobile payment app interface, with a physical wallet and cash visible nearby.

Navigating the Digital Wallet: A Senior’s Guide to Zelle, Venmo, and PayPal

Not long ago, the sound of personal finance was the crisp rustle of cash or…

Read More →
Risks, Emergency Fund

New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)

The latest from Capitol Hill is generating some buzz: millions of Americans may soon be…

Read More →
money mistakes boomers make Social Security

11 Money Mistakes Boomers Make with Their Finances

A concerned senior reviews a past due bill, showing how financial mistakes can impact the…

Read More →
A person sits at a desk reviewing financial documents in a sunlit room.

Financial Wellness After 50: A Holistic Approach to Your Money

As you move past the age of 50, your relationship with money often begins to…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.