Ep #29: Rethinking Retiree Spending Patterns and Preferences with Stuart Ritter
Going over T. Rowe Price’s recently published research on retirees' spending and savings patterns, preferences, and priorities.
My guest today is Stuart Ritter who is Retirement Insights Leader at T. Rowe Price. A gifted researcher, communicator, and thought leader in the retirement industry, Stuart joins me to discuss T. Rowe Price’s recently published research on retirees' spending and savings patterns, preferences, and priorities—much of which flies in the face of conventional wisdom.
Listen in as Stuart shares the difference between retiree spenders versus savers, as well as the behavioral tendencies of each group. You will learn what brings people the most satisfaction in retirement, the tools T. Rowe Price has created for advisors to be in a better position to understand where an individual is in the range from spending to saving, and more.
