Retirees are often living on a mix of fixed income, a pinch of nest egg and a dash of Social Security benefits that may be significantly less than their former salary. Without proper planning, finances can spiral out of control, causing chaos and long-term hardship. Spending a couple of hundred dollars upfront can help retirees create a solid budget and develop a deeper understanding of their financial situation. Up Next: I’m Retiring a Multimillionaire: Here’s What I Wish I Knew in My 30s Try This: How Fa ...