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How To Spend Wisely In Retirement

Saturday, February 26, 2011 - 6:03 AM
This Boston Globe article reviews an issue that many retirees face:
How do you spend that pot of money and make it last 30 years after the paychecks stop? For many, according to retirement specialists, the fear of spending savings too quickly can become paralyzing, leading them to forgo their dreams.

I can see how there can be an inclination to over save and under spend when there is so much uncertainty about future inflation, interest rates and market performance.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Friday, May 20, 2011 - 2:32 AM
Manage your money during retirement is incredibly important to your financial security. Many investors who feel they saved enough for retirement end up facing financial hardship during their golden years because they don't know how to spend the money correctly.



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karinabartramkarinabartram6 posts since
May 20, 2011
Rep Points: 6