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7 Reasons Not to Move for Retirement

7 Reasons Not to Move for Retirement
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10 Top Ways Retirees Plan to Spend Their Savings


10 Top Ways Retirees Plan to Spend Their Savings
Retirees plan to use their savings in ways that may surprise you.
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Despite the uncertainties of the last year, nearly three-quarters (74%) of a representative sample of American workers and retirees recently told pollsters they’re feeling “confident” they’ll have enough money to last the rest of their lives.
Roughly one-third of those optimists (29%) are “very confident,” according to the annual Employee Benefit Research Institute’s annual Retirement Confidence Survey.
Pollsters for the nonpartisan think tank interviewed a racially and ethnically diverse sample of 3,017 people age 25 and older. About half were retirees; the rest were workers. The research was done in January 2021. The EBRI routinely studies topics related to workers’ retirement, health and benefits. ....

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