Retirement in Sight – June 2020
Monthly News and Information for Current and Future Retirees Presented by UPAL – June 2020 QUOTE OF THE MONTH “The real voyage of discovery consists not in seeking new lands but seeing with new eyes.” MARCEL PROUST YOU MIGHT SPEND LESS – LATER IN RETIREMENT A 2019 whitepaper by the Employee Benefit Research Institute (EBRI) indicates that Americans tend to spend less as they age. EBRI analyzed a study from the University of Michigan, which tracked spending levels of Americans aged 50 or older for 12 years. Looking at this data, EBRI found that households headed by people aged