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Retirees fear running out of money. Many are spending too little instead
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- When people think of how much to save for retirement — and, subsequently, how to spend that money wisely in older age — many worry about the risk of running out of money early.
- But there's another less-appreciated danger, too, according to financial experts: The risk of underspending one's nest egg.
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When people think of how much to save for retirement — and, subsequently, how to spend that money wisely in older age — many worry about the risk of running out of money early. They fear the possibility of overspending.
But there's another less-appreciated danger, too, according to financial experts: The risk of underspending one's nest egg.
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