The Shocking Reason Older Adults Are Spending Less in Retirement

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The Shocking Reason Older Adults Are Spending Less in Retirement

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211 Views • Nov 22, 2024 • Click to toggle off description

The next question would be well why do people tend to spend less. When you look at that consumer expenditure survey maybe those people are spending less later in retirement because they don't have money to spend because their nest egg is gone That argument really doesn't hold weight because the fraction of people satisfied with their economic situation is considerably higher at older ages than at ages near retirement So again as people age they're more comfortable with their financial situation which would be all the more reason why they should spend more if they had the level of activity that they had in their younger years. #investing #shorts #retirement #retirementplanning #financialeducation

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Uploaded At Nov 22, 2024 ^^

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RYD date created : 2024-11-23T02:35:36.464967Z
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