Retirement Decumulation: What Most Don’t Know
from Business News Today | 2 Min News | The Daily News Now!
Most Americans are clueless about retirement spending — only 31% know what “decumulation” means, and just 29% of those 55+ have a withdrawal plan. Experts warn that planning how to spend your savings is just as vital as saving it. Surprisingly, most retirees prefer to run out of money before dying than leave cash behind. Healthcare and inflation are top fears, and the old “4% rule” is being tossed aside as too rigid. With pensions fading, younger workers are turning to annuities and guaranteed income streams — because living your dream retirement means more than just having cash; it means having a plan that lasts. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/2719f7b386539d27
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