✉news BusinessPersonal Finance first seen 1 d ago, last 22 h ago, peak #9
Prudential survey finds older Americans hesitant to spend savings
Original: Prudential survey finds older Americans hesitate to spend savings
A new Prudential survey finds that many older Americans are holding back from spending their retirement savings, even when they may be able to afford it. The findings point to lingering anxiety about outliving savings, healthcare costs and economic uncertainty. Personal finance commentators say the results highlight a broader reluctance among retirees to draw down nest eggs.
Why now: Retirees' spending anxiety resonates amid ongoing concerns about inflation, healthcare costs and retirement security.
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