It's time for maintenance-free landscaping, a busy social calendar, and consolidated costs. Many people prudently plan for retirement so they can maintain a certain level of comfort and care as they age. The more you put away ahead of time, the less you have to worry about financial burdens during this stage of life after you’ve exited the workforce. It is vital to save and invest for retirement because most seniors fund their expenses with retirement investments and savings. However, the financial landscape for retirees, including the nature and number of expenses is different than ever before. Typical expenses in retirement often include rent for a senior living community. With this option, many familiar expenditures disappear and monthly rent becomes the biggest expense.