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Older Americans are afraid to spend their riches in retirement

Business Insider Fews App News Provider
Fews App Post Time Hace 15h

Older Americans are often unwilling to spend down their savings in retirement. Catherine Delahaye/Getty ImagesMany retirees fear spending savings, with most prefering leaving a surplus over depleting funds. A Prudential survey shows retirees struggle with balancing spending on enjoyment and future saving.

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