For retirees, it’s more important than ever to make the best of every tax deduction available. That’s especially true if you rely exclusively on a fixed income. After all, you have to make sure your retirement nest egg will last so it can cover the rest of your life. However, looking after your nest egg during retirement is definitely easier said than done.

This is why retirees must pay close attention to detailed information related to their tax situation. Unfortunately, most seniors miss out on valuable tax deductions. In many cases, it’s just because they don’t know about these tax-saving opportunities.

Don’t let this happen to you — find out about these often-overlooked tax deductions for retirees. You could save a lot of money!