Retirees Spent Their Lives Saving. Now They’re Afraid to SpendRetirees Spent Their Lives Saving. Now They’re Afraid to SpendRetirees Spent Their Lives Saving. Now They’re Afraid to Spend 

Gemini / GoogleAmerican workers are told to spend their entire career saving for retirement, building a nest egg that they dare not touch. When that career ends, retirees are expected to break the nest egg and begin spending it down. For many Americans, the transition from saving to spending does not come easy. In a recent survey by Allianz Life, 39% of retirees said they are reluctant to spend their…