Please share the data you used to reach the conclusion that "spending doesn't drop in retirement". Alternatively, read "Die With Zero" for an actual data-based analysis of how (and why) spending does go down in retirement.
Couldn’t agree more that spending doesn't go down in retirement. In fact ours has INCREASED! We now have the time to go on lengthy long haul explorations several times a year plus last minute short haul hops. Not to mention the in between expenditure of gym membership, reformer pilates tuition - and of course spending more time (and money) with friends. Ok - we now longer have the desire to buy “stuff” so that represents a bit of a saving - but not enough to account for the extras.
Please share the data you used to reach the conclusion that "spending doesn't drop in retirement". Alternatively, read "Die With Zero" for an actual data-based analysis of how (and why) spending does go down in retirement.
Couldn’t agree more that spending doesn't go down in retirement. In fact ours has INCREASED! We now have the time to go on lengthy long haul explorations several times a year plus last minute short haul hops. Not to mention the in between expenditure of gym membership, reformer pilates tuition - and of course spending more time (and money) with friends. Ok - we now longer have the desire to buy “stuff” so that represents a bit of a saving - but not enough to account for the extras.