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Research: Running Out of Money in Retirement Not as Prevalent as Thought?
The fear of outliving one’s resources is something that keeps many from losing sleep. No question about that, but it is it really the monumental problem many fear it is? NerWallet columnist Liz Weston, herself a certified financial planner, suggests in a post on The Titusville (PA) Herald suggests that the phrase “running out of money” might be an overdramatization, citing the permanence of Social Security and the adjustments that retirees tend to make in the face of financial stress. Read her post here…
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