Think Running Out of Money Is Your Biggest Retirement Risk? The Opposite Could Happen.
In an attempt to preserve your savings, you might limit your options.
Overview
There are plenty of aspects of retirement to worry about -- health issues, feeling bored, and lacking company once you're no longer going to an office every day. But if there's one specific worry that can be very hard to shake, it's the fear of running out of money.
A good 71% of working Americans say they expect to be reluctant to spend their retirement savings once their careers end, according to a recent Allianz survey. And that's understandable. But it's also a big problem.
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Originally published at www.fool.com.
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