Working Yourself To Death
I was reading a paper recently entitled “Spending in Retirement: Determining the Consumption Gap” that talked about how retirees are dying with more money than they had when they actually retired. Specifically, the researchers studied 704 retirees between 2000 and 2010 and found that across five quintiles of wealth, each group had more financial assets than when they initially retired. What's also interesting is that in the top three quintiles, ...