Americans Struggle With Shift From Saving to Spending in Retirement

Source: Plan Adviser At the end of their careers, many Americans struggle with the idea of spending their hard-earned savings, according to data from the Allianz Life Insurance Co. of North America’s 2026 Annual Retirement Study, released this week. Of working respondents, 71% reported they expected to feel reluctant spending money in retirement because they will want to preserve their account balance as much as possible. Some 39% of retirees—people actually living their post-career lives—expressed the same hesitancy. Read [...]