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How to Shift From Saving to Spending in Retirement

beebee
in Off-Topic
" while the concept of retirement “accumulation,” or amassing a lump sum during one’s working years, is widely understood, the other side of the equation—the drawdown or consumption of one’s nest egg—is less familiar to many people. And with longer lives, our accumulations may need to stretch into income that lasts 20 or even 30 years."

Article sponsored by Blackrock:

how-shift-saving-spending-retirement

Comments

  • Dex
    bee said:

    our accumulations may need to stretch into income that lasts 20 or even 30 years."

    So few people will have the option to spend, it really doesn't need to be discussed.

  • VintageFreakVintageFreak
    Dex said:

    bee said:

    our accumulations may need to stretch into

    So few people will have the option to spend, it really doesn't need to be discussed.

    Right on. They want to advise us how to save. Then advise us how to spend. Humbug!

    I'm not going to spend any of my money in retirement. That's because I don't think I can afford to.

    Note: Above line has been copyrighted. If you wish to you use it please pay royalties to the Vintage Freak retirement fund. Or if not, then MFO.
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