How Much You Really Need to Retire

Spending on food drops in retirement, not because retirees are eating less but because they have more time to shop and compare prices.

Back when I was packing lunches for three kids, the deli counter was a regular stop on my circuit around the grocery store. Inevitably, I found myself in line behind one or another older couple who took what seemed like forever—sampling this, discussing that—before making their selection. (“One-eighth of a pound of ham, please. Thinly sliced!”) I may have been in a hurry, but these folks had all the time in the world.

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Jane Bennett Clark
Senior Editor, Kiplinger's Personal Finance
The late Jane Bennett Clark, who passed away in March 2017, covered all facets of retirement and wrote a bimonthly column that took a fresh, sometimes provocative look at ways to approach life after a career. She also oversaw the annual Kiplinger rankings for best values in public and private colleges and universities and spearheaded the annual "Best Cities" feature. Clark graduated from Northwestern University.