What's your favorite warehouse store? It doesn't really qualify as a warehouse, but I do most of my shopping at Target. For one, it's an easy walk away. There's no point in loading up the car with a year's worth of Cheerios or paper towels, because there's no place to store them in my small apartment. And I've found that Target prices are pretty competitive for the things my family buys frequently. My husband and I visited the nearest Costco more than a decade ago and did a unit-price comparison between Costco and Target. We found the latter offered similar deals on items like diapers and contact solution. But we're not buying diapers anymore, so maybe we're due for another trip to check the prices on our current needs, like an endless supply of Axe body spray for my tween boy. Today's edition features a price showdown between Walmart and Costco. The idea isn't to go to one place for eggs and the other for milk--at least, I have no time for that approach. It's simply to see which store offers the best deals on the items you buy the most, and to frequent it as a way to save money with minimal effort.
Best wishes,
Elizabeth
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Mark your calendars! On Tuesday, July 9 at 12:30pm EST, a preeminent expert on retirement income will be joining us in our Retire with Money Facebook group to answer your questions. Wondering about tax efficient drawdowns, reverse mortgages, or how much you can safely spend without running out of money? Bring your questions to the Facebook group in two weeks for Wade D. Pfau, Ph.D., CFA. (I'll post excerpts of our chat here for those not on Facebook.)
Wade is the director of the Retirement Income Certified Professional designation and a Professor of Retirement Income at The American College of Financial Services in King of Prussia, PA. As well, he is a Principal and Director for McLean Asset Management. He holds a doctorate in economics from Princeton University and publishes frequently in a wide variety of academic and practitioner research journals on topics related to retirement income. He hosts the Retirement Researcher website, and is a contributor to Forbes, Advisor Perspectives, Journal of Financial Planning, and an Expert Panelist for the Wall Street Journal. He is the author of the following books: How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Income Strategies, and Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement.
RETIREMENT NEWS FROM AROUND THE WEB
What May Be Holding Up Major Retirement Legislation in the Senate
One Senator wants the legislation to expand the use of 529 funds. CNBC
Is It Time for Government to Offer Universal Family Care?
A newly released proposal would provide benefits for child care, paid family and medical leave as well as long-term care. NEXT AVENUE
Retiring Abroad Is a Lot More Than Living at the Beach — Here's What You Need to Know
Before you move, visit the destination you're considering in the off-season, and other helpful tips. MARKETWATCH
Getting Social Security Fixed May Be the Best Thing You Can Do For Your Finances
Citizens should nudge their elected officials to take action before it's too late. THE NEW YORK TIMES
About Elizabeth
Elizabeth O'Brien is a senior writer at MONEY, covering retirement and health care. You can email her at elizabeth.o'brien@moneymail.com and follow her on Twitter at @elizobrien.
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What's your favorite warehouse store? It doesn't really qualify as a warehouse, but I do most of my shopping at Target. For one, it's an easy walk away. There's no point in loading up the car with a year's worth of Cheerios or paper towels, because there's no place to store them in my small apartment. And I've found that Target prices are pretty competitive for the things my family buys frequently. My husband and I visited the nearest Costco more than a decade ago and did a unit-price comparison between Costco and Target. We found the latter offered similar deals on items like diapers and contact solution. But we're not buying diapers anymore, so maybe we're due for another trip to check the prices on our current needs, like an endless supply of Axe body spray for my tween boy. 
Costco vs. Walmart Showdown: Here's Who Has the Cheapest Price on 11 Things You Buy All the Time
Here's Exactly What You Should Do to Save Money and Eat Healthier at Restaurants, According to Celebrity Chef Cat Cora
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