Since retiring a few years ago, I have found that having a freer more flexible schedule when I do things results in savings. There has always been a relationship between time and money, it just changes in retirement. Here are some specific examples:
1. My wife and I love to do our eating out at lunch, where you can enjoy pretty much the same dishes that you pay higher prices for at dinner. We save money and actually enjoy the meal better since it is less crowded when we go. Yes there are also the early bird specials.
2. I have been visiting our Active Adult Center aka Senior Activities Centers and participate in many activities that cost me no money at all. I am a member of the walking club and the book club both which are free. The center has fresh fruit, great free coffee, newspapers and wired computers. There are small fees for classes in dance, yoga and many other things. Compared to an expensive health club, this is a deal and I like the people better too.
3. Since retiring we like to take trips in the shoulder season especially right after school starts. The shoulder season has less crowds and better travel deals and rates. Sometimes we take short trips at lower rates during mid week, not during the higher priced and crowded weekends.
4. We have learned to enjoy the national and state parks and these offer senior discounts. Museums and other attractions locally are fun to visit and save you a lot of money on travel and accommodations. See my post: Retirement Activities in Your Own City
So timing your meals, trips, trips, and activates to your own schedule does pay off in savings and sometimes gives you a better experiences than when you were in the busy time crunched work years.