J.P. Morgan Studied 5 Million Retirees—Here Are The 3 Shocking Spending Surprises!

Video Description

JPMorgan Study Link: https://am.jpmorgan.com/us/en/asset-management/adv/insights/retirement-insights/three-spending-surprises/ 00:00 Intro 00:44 Lifetime Spending Curve 01:17 Inflation & Real Spending 02:23 Retirement Spending Surge 03:23 Sequence of Returns Risk 04:28 Spending Volatility Throughout Retirement 05:49 Category-Based Model for Retirement Spending 06:12 3 Distinct Phases of Spending 07:49 Comparing Spending Models 09:11 Overestimation vs Real World Data 11:00 Bloopers Most retirement plans assume your spending will increase every year—but what if that’s not true? J.P. Morgan studied 5 million retirees and uncovered 3 shocking retirement spending surprises that could change how much you actually need to save. From the unexpected spending surge around retirement to the reality of long-term spending declines, this data challenges traditional financial planning models. Watch now to learn how these insights can help you optimize your savings, avoid over-saving, and create a smarter retirement strategy! Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here: https://www.youtube.com/c/ErinTalksMoney Thanks for watching, I appreciate you!