Yearly household expenses have been seen to be reducing since after retirement in 2016. Spending lesser??? Lower inflationary impact??? Trust but verify - SMOL Coming CNY in 2020 is the first time Uncle8888 will be spending zero cent on his three children's CNY new clothing. LOL! All his three children are on their own now supporting themselves. They have also taken over expenses like medical insurance premium and mobile plan payments into their own personal account. Sometime; they also pay for meals. Mother day, mummy and papa birthday dinner are covered by them. The statistical data is 100% accurate from Uncle8888's bank account; but it just didn't capture those expenses due to cost transfer to his children When we read statistical data presented to us; we have to be mindful; unintentionally it may not present the whole picture! Hmm ..like CPF numbers presented by those few bloggers??? Ha ha!...