A Prudential Financial survey conducted online between July and August 2026 found that only 14% of retirees feel comfortable spending their savings on enjoyment, such as hobbies, travel, and dining out. The Retirement Pulse survey indicates that many retirees prefer to leave a surplus rather than deplete their funds. Even among higher-net-worth individuals with over $500,000 in investable assets, only 39% felt comfortable spending for enjoyment. Retirees also reported feeling guilty about spending on luxuries and preferred guaranteed monthly income over a lump sum.
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