Even Wealthy Americans Are Afraid To Spend Their Retirement Savings

The company’s 2026 Retirement Pulse survey found that 86% of Americans 50 and older lack confidence about drawing down their retirement savings and enjoying the money. Even among people with at least $500,000 in investable assets, 61% aren’t comfortable spending their savings for enjoyment. That leaves David Blanchett, Prudential’s head of retirement research...