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The rule of thumb is that retirees spend 80% of their pre-retirement income in retirement. This rule of thumb is wrong. There are many factors that go into how much people spend during retirement and spending doesn't stay constant. In this show we talk about how and when retirees spend. We reference this report from J.P. Morgan Asset Management: https://am.jpmorgan.com/us/en/asset-m... Dolphin Financial Radio is a fun and informative podcast on retirement planning issues. This is not financial advice. Please seek professional guidance before implementing these ideas or strategies: www.dolphinfinancialgroup.com Investment advisory services offered through Dolphin Wealth Management Inc., a Registered Investment Advisor in the state of Florida. Insurance products and services are offered through Dolphin Insurance Inc., Dolphin Wealth Management Inc, and Dolphin Insurance Inc. are affiliated companies doing business as Dolphin Financial Group. For more information on this podcast: https://www.dolphinfinancialgroup.com...