SumDay
Thinks s/he gets paid by the post
- Joined
- Aug 9, 2012
- Messages
- 1,862
As one pulling the plug in 119 days, 15 hours, 7 minutes and 29 seconds (but who's counting?) this EBRI article comforts me, a little.
"While some people do run out of money, a person with less than $500,000 in savings, on average, spends just about a quarter of it during the first 20 years of retirement, according to a study by Sudipto Banerjee of the Employee Benefit Research Institute."
Apologies if someone beat me to posting this.
"While some people do run out of money, a person with less than $500,000 in savings, on average, spends just about a quarter of it during the first 20 years of retirement, according to a study by Sudipto Banerjee of the Employee Benefit Research Institute."
Apologies if someone beat me to posting this.