Master the art of spending in retirement
Master the art of spending in retirement
- June 13, 2026
- Research by John Duffy, economics, in Kiplinger
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Why are retirees so determined to hang on to their savings and not spend as much as they can afford? Uncertainty about various aspects of retirement, such as your longevity or health, is the most frequently cited explanation. But that tells only part of the story, as evidenced by a working paper published this year by professors at the University of California, Irvine and the State University of New York at Albany that aimed to strip those unknowns from the question of how much to spend in retirement.
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