The Notion That You’ll Spend Less in Retirement Is Totally Wrong
Filed under: Retirement
By Jill Krasny
People approaching retirement like to think they’ll spend less when they hang up their hat, but the reality might be a lot different than that, at least according to the researchers at Bernstein Global Wealth Management.
In Daniel B. Eagan’s opinion, the idea that you’ll spend less in retirement might be the biggest misconception there is.
“It’s hardly ever true, though retirees truly believe it,” he told Business Insider. “Retirees end up spending even more until they’re…
The Notion That You’ll Spend Less in Retirement Is Totally Wrong originally appeared on DailyFinance.com on 2012-08-30T14:00:00Z.
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