We all know about saving for retirement. But what about shelling out money now to cut your costs later? Big-ticket items can yield the biggest savings, so start with these.

$ Your taxes
If you’re considering buying or building a second home to retire to, pick an area with low taxes and a lower cost of living, not just great golf courses.

$ Your mortgage
Make an extra principal payment each month so you’ll be house-payment-free by retirement.

$ Your utilities
Invest in the most-energy-efficient technologies you can afford, including solar power, geo-thermal heating, heavy-duty insulation, and ­super-high-efficiency appliances. You can cut utility bills in half or more — and your fixed income will thank you.