Retirees With This Type of Asset Spend Money More Freely, Study Finds
October 16, 2024 by Chris Kissell
After decades of piling up money for their golden years, many retirees find it difficult to make the transition from saver to spender. But one group is much more comfortable cracking open their wallets.
Retirees who annuitize at least a portion of their income spend twice as much as those who have an equal amount of non-annuitized savings, according to a recent study.
Click HERE to read the full article at MSN
Wink’s Moore on the Market: We’ve been hearing about this…
Annuities give retirees “a license to spend.” -sjm
Originally Posted at MSN on October 2024 by Chris Kissell.
Categories: Industry Articles