Allianz Life weighed that fears of overspending, inflation and unexpected expenses are contributing to cautious retirement spending habits.

Findings from the Allianz Center for the Future of Retirement’s 2026 Annual Retirement Study (part of Allianz Life) indicate that concerns about financial security, healthcare costs and inflation continue to shape retirement spending behaviour, even among those who have spent decades preparing financially for retirement. 71% of working Americans expect to be reluctant to spend money during retirement  The study found that 71% of working Americans expect to be reluctant to spend mo