You’ve worked hard. For years you’ve pounded the pavement on the way to the office, always showing up on time and often staying late. A significant portion of your paychecks was funneled into savings accounts.
Now, your hard work has paid off. You’re retired. However, unless you’re wealthy you can’t allow yourself to start blasting through money. Your nest egg needs to nourish you for the next few decades. You might find that you become even more diligent about saving money after retirement than you were before.