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Q&A With Scott Burns: Retirement Spending Declines--- And That’s Not A Disaster.

FYI: Q. My question concerns the assumption most planners make that retirement spending increases about three percent a year, no matter how advanced the client's age. I don't see how that is possible. My mother-in-law is 96. She is doing pretty well---she’s a true sweetheart. Her spending is definitely not increasing at three percent a year. What do you think would be a good Couch Potato rule that might apply to, say, age 85 and above- if the good Lord allows one to have that type of longevity? ---H.S., Dallas, TX
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/retirement-spending-declines-and-thats-not-a-disaster
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