How Does Retirement Spending Change as You Age?

How Does Retirement Spending Change as You Age? By Jack Lumsden, MBA, CFP® in Burlington.

As people transition into retirement or semi-retirement, they often wonder how much they can safely spend without running out of money. Although no one can predict exactly how much they will spend 30 years from now, creating a projection is essential for planning. On average, retirees tend to spend less as they age. Here’s how […]