Texas Tech University

Wealthy Pensioners Should Spend More In Retirement


November 17, 2016

iExpats - Wealthy retirees are not spending enough money to run out of cash before they die and many see their bank balances increase rather than shrink.

A team from the Texas Tech University found that IFAs assumed retirees spent the same amount of money every year in retirement and that they depleted their savings at a steady rate reach year.

Read the story here.