Retiring isn’t the end of your financial journey. Though you might be done planning for your golden years, you’ll still have to understand how to save and spend money in retirement. This isn’t always easy, as you’re likely living on a fixed income.
So, it can be frustrating that there is no standard playbook dictating where retirees should put their money. However, a lack of one-size-fits-all advice is actually a positive. It gives you the freedom to choose from a variety of spending and saving options, shaping your retirement into exactly what you want it to be.