Spending in Retirement
1:50 PM - 3:05 PM
Retirement spending decisions are complex. Evidence suggests that in the presence of uncertain longevity, medical costs, and asset returns retirees are hesitant to spend from their accumulated savings. Planners must manage these factors to develop retirement income plans that produce both efficient and sustainable income and encourage retirees to spend at optimal levels. This presentation addresses the intersection between the current economic environment and the psychology of retirees to provide application-based insights into the ever evolving world of retirement income planning.