8 Tips to Stop Worrying About Running Out of Money in Retirement

The greatest financial danger in retirement isn’t always the stock market. It’s the constant, nagging fear of running out of money. This anxiety causes many people to underspend and worry, even when their finances are sound. Here are eight ways to replace that worry with lasting security. 1. Determine your spending baseline Worry often starts with the vague question, “Am I spending too much?” Instead of operating on gut feeling, work with an advisor to determine your personal sustainable withdrawal rat ...