These 25 Amazing Ideas for Retirement Will Get You Excited

Stagger Your Spending Plan

“Unfortunately, many retirement spending calculators and graphs simply have an upward spending curve from the ’60s through the ’90s,” said Mark Zoril, an accredited investment fiduciary at PlanVision. “The curves and graphs are designed to sell retirees products they may not need. No one spends money like that. It changes from year to year and goes down later in life.”

Instead, plan your spending based off how active and healthy you think you will be during retirement. “I always encourage my clients to plan on spending quite a bit more money from their mid-60s to their early 80s,” said Zoril. “Typically, this is the period in which they have more energy and appetite for travel and activities.”