To Spend or Not to Spend?

September 21, 2021
ladies-laughing

About 77% of retirees between the ages of 62 and 75 plan to spend down at least some of their retirement assets.

The top reasons cited include lifestyle, medical expenses and health insurance, housing expenses, and discretionary spending. The remaining 23% intend to maintain or grow their assets. Why would retirees not want to spend down the assets they've worked so hard to save? Here are the reasons they gave.

spend-chart

All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

Woman hugging an older person beside a laptop in a bright room

Making It Make Sense: The Roth 5-Year Rule

By TFC Team • August 25, 2026
Learn how the Roth five-year rule works, how the timeline applies across IRAs and 401(k)s, and key rules for tax-free, penalty-free withdrawals.
People standing at a house entrance beside a white van parked on the street

Moving to Another State? Consider These Tax Moves

By TFC Team • August 25, 2026
Learn how relocating to a new state affects your taxes, including residency rules, remote work income, retirement tax differences, and part-year filing requirements.
Two office workers walk through a bright glass hallway, talking and carrying bags and papers.

Index Funds: Traditional and Not-So-Traditional

By TFC Team • August 25, 2026
Learn how index funds work, the concentration risks hidden in market-cap weighting, and how alternative strategies like Smart Beta and quantitative investing can fit into a diversified portfolio.
Two people and a child on a rope swing over a calm lake at sunset

Top Reasons to Own Life Insurance

By TFC Team • August 25, 2026
Explore practical financial strategies, market insights, tax guidance, and retirement planning tips designed to help you navigate your financial future with confidence.
Show More