Retirees, Go Ahead and Spend a Little (More)

It's no secret that many Americans have not saved enough for retirement. But here's the flip side of the coin: retirees who don't spend enough of their savings.

A recent study by the Employee Benefit Research Institute found that the majority of retirees are spending down their assets surprisingly slowly during the first two decades of retirement. People who retired with $200,000 to $500,000 in