Managing money in retirement can be challenging. With changes to Social Security benefits and the rising cost of living expenses, it can be hard to stick to a budget. However, MSN Money has released a report on some of the most common financial mistakes retirees make. These include:

• Not taking advantage of senior discounts
• Not downsizing their home
• Taking Social Security benefits too early
• Missing the deadline to sign up for Medicare

Check how you spend money in retirement against MSN’s slideshow to see how you stack up. You can also visit NORA’s News and Updates page for more updates on issues affecting retirees.

Seniors who have spent their working years paying into Social Security should receive all the benefits they’ve earned. Join NORA as we ask Congress to pass important legislation that would make cost-of-living adjustments meet seniors’ needs. Sign our online petition today to make your voice heard, then follow us on Twitter and Facebook!