You’ll Spend Less in Retirement. Really?

Susan Talton | Retirement | March 17, 2011

While this old rule of thumb makes sense on the surface, the reality for most retirees is that total spending drops only slightly. And for those eager to celebrate their new-found freedom, entertainment and travel spending often skyrockets. Another retirement myth: More than half of Americans over age 45 believe, incorrectly, that Medicare covers nursing home expenses. Learn more about “The 5 Biggest Retirement Myths” from the current issue of SmartMoney Magazine.

Susan Talton
Susan Talton
Susan, a Client Advisor at Laird Norton Wealth Management, has more than 25 years of experience in wealth planning. She leads LNMW's Retirement Life Planning Group and is especially adept at working with clients undergoing life transitions.