You’ll probably never spend your retirement savings completely — don’t live your ‘go-go’ years full of worry. Here’s why

Most retirees don't run out of money during retirement, contrary to widespread fear. An Allianz Life study found that 67% of Americans are more worried about outliving their savings than they are about death. Yet, most seniors actually underspend their nest eggs, spending only about half of their available funds according to a study by David Blanchett and Michael Finke.

This means that retirees often preserve a significant portion of their assets, even preserving roughly 80% in some cases. This spending paradox suggests that fear of financial depletion may be overblown and potentially costing retirees their healthiest and most active years.