Most folks enjoy spending money, and it’s pretty easy to do when you’re working because that paycheck gives you a safety net. But how do you spend money in retirement in a way that gives you the best chance of not running out of money? Today we’re going to give you four retirement spending strategies that you might want to consider.

We aren’t endorsing one of these strategies over the others because each of them could be a great fit for you. That’s something you need to discuss directly with your advisor, but we want to give you some options to consider if you don’t have a spending plan in place.

The good news is you can shift strategies as needed in retirement so don’t feel like you have to make a final choice. If you’d like to start discussing it, let’s have a conversation and begin looking through your plan.

Here’s some of what you’ll learn in this episode:

  • We break retirement expenses up into two categories. (1:30)
  • The inflation-adjusted spending strategy. (4:46)
  • The spending smile method. (9:11)
  • The floor and ceiling method. (13:02)
  • The retirement guardrails strategy. (14:30)

If you have any questions about what we discuss, set up a meeting with us anytime by visiting