Are You Not Spending Enough in Retirement? – 270

Retirement planning often assumes your spending should start at one level and then rise every year with inflation. Sounds logical, right? But the reality is that many retirees spend more in the early years, when they are healthier, more active, and more eager to travel or enjoy the life they worked so hard to reach.

So are some retirees being too cautious with their money? Could a rigid withdrawal rule cause you to underspend during the years when money may matter most to you? And how do you balance the desire to enjoy retirement now with the need to protect yourself later?

It could very well be that you’re not spending enough in retirement. Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future

The opinions voiced in this show (program; podcast) are for general information and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to make a decision.