#unexpected-expenses

#unexpected-expenses

Researchers found that unexpected costs are the norm, not the exception. In any given year, 83% of retired households experience at least one unexpected expense. These fall into three broad categories: Rainy-day costs, such as major home or vehicle repairs Family-related expenses, including helping relatives or covering emergency travel Health-related expenses beyond routine care Health and home costs are especially common, with each affecting well over half of retirees in a typical year.