3 Reasons to Keep Saving Money in Retirement
We all know we're supposed to save money for retirement, but saving money during retirement is a different story. While adding to savings may not be on most retirees' radar, here are a few good reasons to aim to pad your nest egg each year rather than simply deplete it.
There may come a point during retirement where it feels like you're just coasting along. You have enough income to pay your living expenses, and there's even a decent chunk left over to buy you some entertainment and leisure. But what happens when your circumstances change, and suddenly you need to increase your annual withdrawal rate to keep up with your newly incurred expenses?
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Source: Fool.com
