21 Ways to Cut Costs in Retirement

PUBLIC TRANSPORTATION

Another option: Retired couples can sell all their vehicles and rely on public transit, provided they live somewhere with enough coverage. There’s almost always a senior discount for regional transit services in major urban areas — New York, for example, has a MetroCard for riders over 65 that charges only half the standard fare. For longer distances, Amtrak has a senior discount of 15 percent off their highest coach fares.

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