Question

How do you believe your spending patterns would change during your retirement years

Answer 1

We believe in our spending patterns would change during our retirement years.

we want to reduced all types of expenses. Because at the age of retirement we have not enough saving to complete my all types of requirements like own house, car, better life etc.

At the age of retirement, all the tyoes of peoples wants to travel all over the world because at the tike of retirement the people are free from all work and enjoy her life without taking any tension of anything else.afetr lifetime of working and foing planning of travelling in our life that is the time for the party begin.

If you are looking for the ways of spending less or down of your savings, charitable donations and gifts may the better option which are to be consider.

At the time of retirement people change the pattern of spending and also patter of investing.

Like as before retirement people like to invest their money in Equity market which have more risk and more gain.

but after the retirement, the people like to invest in the Mutual Funds and Bonds which are very less risky and give less return than equity Market.

So, After the retirement spending pattern of the peoples are changes.