Money that once may have gone into savings, education for the kids, or retirement for parents, is now going into the gas tank.

Like many retirees and those nearing retirement, David Leggett doesn't have a lot of financial wiggle room. And with gasoline projected to top five dollars a gallon in the next two years, he's not alone.

A recent survey by AARP shows one in five nearing retirement are being forced to delay because of the economic slowdown. It's a slow down in part driven by rising fuel costs.

Financial Advisor Joe Psalmonds says your savings or retirement account is the very last place to look for cash for daily expenses.