TITLE

Get Real About Retirement Spending

AUTHOR(S)
Updegrave, Walter
PUB. DATE
December 2005
SOURCE
Money;Dec2005, Vol. 34 Issue 12, p58
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines retirement spending. New research suggests that you can save less than you thought for retirement. But it depends on whether your spending rises or falls after you stop working. Given medical advancements and longer life spans, you are likely to be more active and healthier than previous retirees, which could boost your spending. Save as if your expenses will increase in retirement. Do some detailed budgeting, and possibly consult an adviser. Do not assume your expenses will drop as you age.
ACCESSION #
18840685

 

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