How Much Do People Actually Spend in Retirement?

Many people dream about all the things they can do after they stop working, but how much do people spend in retirement? In October 2022, the Employee Benefit Research Institute conducted a survey on how the pandemic impacted people's spending in retirement. Some of the results could surprise you. Dean Barber and Bud Kasper are going to review some of the statistics from the survey to assess how much people spend in retirement on America's Wealth Management Show. Get started today: See Our Calendar: https://modwm.com/radio-show/complimentary-consultation/?utm_source=AWMS-Pod&utm_medium=AWMS&utm_campaign=actual-retirement-spending Start Planning Here: https://www.modwm.com/retirement-planning-tool/radio?utm_source=AWMS-Pod&utm_medium=AWMS&utm_campaign=actual-retirement-spending More on this episode: https://modwm.com/how-much-do-people-spend-in-retirement/?utm_source=AWMS-Pod&utm_medium=AWMS&utm_campaign=actual-retirement-spending 5 Reasons to Retire: https://youtu.be/byB1yF03pg4 Why the 5 Years Before Retirement Are So Important: https://youtu.be/l8cb3NSUEbk Maximizing Social Security Benefits: https://youtu.be/r2mb_UpN-lw Retiring with Debt: What's OK?: https://youtu.be/d9nB1j7n7LA The Difference Between Good Debt & Bad Debt: https://youtu.be/Xxmv-pA3kQg EBRI Spending in Retirement Survey for 2022: https://www.ebri.org/content/2022-spending-in-retirement-survey-understanding-the-pandemic-s-impact Retirement Plan Checklist: https://www.modwm.com/retirement-plan-checklist/?utm_source=AWMS-Pod&utm_medium=AWMS&utm_campaign=actual-retirement-spending 10 Ways to Fight Inflation in Retirement: https://www.modwm.com/10-ways-to-fight-inflation-in-retirement/?utm_source=AWMS-Pod&utm_medium=AWMS&utm_campaign=actual-retirement-spending Check out our other podcast! The Guided Retirement Show: https://www.youtube.com/c/theguidedretirementshow