Retirees Retain 80% of Savings Into Retirement

Many retirees are reluctant to dip into their retirement savings, often due to worries of outliving their nest egg or uncertainty over sustainable withdrawal rates.

Recent studies from BlackRock also reveal that retirees maintain up to 80% of their pre-retirement savings nearly two decades into retirement. This thriftiness sometimes comes at the expense of their standard of living.

Collaborative financial planning can offer confidence for such retirees, determining credible distribution strategies and managing expenses, while also accounting for the possibility of fluctuating income needs in retirement.

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