From Dailymail · · 40s
Retirement savings: How to spend without running out
Retirement experts show how to spend your savings without risking financial ruin
In brief
Retirement experts show how to spend your savings without risking financial ruin Calculate your annual spending budget to avoid running out of retirement savings Originally reported by Dailymail.
Retirement savings anxiety
Hardworking couples save decades but struggle to spend retirement funds
“A lot of clients in their 80s and 90s have a lot of money that they haven't had the confidence to spend”
One in four retirees
Research shows one in four expect to be reluctant to use retirement savings
Tax trap risk
Unspent savings could be taxed if not spent before retirement ends
Budgeting for fun
Financial planners help calculate how much to spend on activities without running out
Retirement pot stretch
Track daily expenses to determine annual spending budget for retirement
The big picture
Calculate your annual spending budget to avoid running out of retirement savings
