Here's how much the average American 60-year-old holds in retirement savings - how does your nest egg compare? 'Hold onto your money': Jeff Bezos issued a financial warning, says you might want to rethink buying a 'new automobile, refrigerator, or whatever' - here are 3 better recession-proof buys Retirees are less active between 76 and 85 in the Slow-Go years, and tend to spend their No-Go years of 86 to 100 quietly. In the Go-Go years, typically 65 to 75, healthy young retirees spend big on travel, hobbies and scratching life-long dreams off their bucket list. One surprise that hits retirees in their first few years is that even without the costs of working and contributing to retirement accounts, they end up spending more than when they held down a job.įinancial planners cite three retirement phases: Go-Go, Slow-Go and No-Go. Boomer's remorse: These are the top 5 ‘big money’ purchases you will likely regret in retirement
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