Why You Won’t Run Out of Money in Retirement

One prominent retirement fear is outliving your retirement savings. But this common concern seldom happens, because there are plenty of ways to adjust your spending and tighten your belt when the markets take a dive. Here's why you aren't likely to completely run out of money in retirement.

Spending has been going up and down all your life. No one actually spends a constant amount adjusted for inflation every year. You sometimes get big expense years, such as when you decide to change your car. Other years, you are too busy to take a vacation and you naturally spend less.Spending will fluctuate, which means you can easily tighten and loosen your purse strings as long as you pay attention.

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Damian J.  Sylvia

Retirement Income Solutions

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