BellaOnline Forums Money Investing Retirees May Need Less Income

One aspect of financial planning involves how much income a retiree will need for spending. A recent study in the Journal of Financial Planning studied retirees' time. One can deduce from the results that retirees spend their time on less expensive activities which reduces their income needs.

Retirees May Need Less Income

For those of you who haven't retire yet - How do you think you will use your time in retirement? Do you think this will impact your income needs?

For those of you who are retired - Does the study reflect how you spend your time? Do you spend more or less money than you had originally planned?