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Reply to "Post-retirement spending"
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[quote=Anonymous][quote=Anonymous]I’ve been retired for eight years. There are a lot of things you don’t spend in retirement - anything related to kids, for starters - and on top of that you’re not saving for retirement. So yeah you don’t spend 80 percent. You spend less. [/quote] So this varies by the person. In discussions with UMC and higher folks they are not spending less and still spending on kids and grandkids. It may be that they do this because they can but something to consider.[/quote]
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