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Expert: It's “A Little Scary” for Retirees to Spend Their Savings

The American College of Financial Services
Yahoo! Finance
July 15, 2021

While financial advisors often tout the importance of saving up for retirement to their clients, upon reaching retirement, many of those clients may be hesitant to spend their hard-earned savings. WMCP® Program Director Michael Finke says especially for those who don’t have guaranteed income sources, such as pension plans, spending down a lifetime of savings can be a bit uncomfortable.

Get Finke’s recommendations in this piece from Yahoo! Finance.

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