Spending in Retirement Years - Monday May 16

The conventional thinking on spending in retirement was that there would be a burst of spending in the immediate years after retirement on things like travel, after which health issues and fatigue associated with age would lead to less active lives and lower spending. Maybe so... but most boomers will be dragged into their rocking chair kicking and screaming. If so it's possible spending will continue longer than anticipated which will stress out their retire plans if they don't plan properly.