Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Why You Might Need Less Retirement Income Than You Think

Wednesday, February 15, 2012 - 6:18 AM
Are you planning for your expenses to go down as you age in retirement? This Forbes article has an interesting review of a research study:
The research, based on surveys tracking the actual spending of the same 5,000 older households from 2001 through 2007, shows that median household spending declines steadily and dramatically as folks age.

4
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,077
Reply