Nest egg: Spend it or save it?

dteague2016 News & Events

A new study on retirement spending finds attitudes are all over the map and continuing to change.

New York Life asked a representative sampling of adults age 40 and over with household income of at least $100,000 to answer these questions and found — not surprisingly — that retirees had different answers than did those who were nearing retirement but not there yet. It also learned that a large number of people have unrealistic ideas about how much savings they will need in retirement and how they will manage what they have.

Sourced from: