Retirees Spend the Most From 65 to 74 and the Least From 75 to 84. Most Plans Assume the Opposite and Underspend the Years That Matter.

The article argues that retirement-plan assumptions of flat, inflation-adjusted withdrawals poorly match retirees’ spending patterns, which can reduce outcomes during peak earning/utility years. It frames the “mismatch” as an avoidable cost rather than reporting a specific market-moving policy, data release, or company result.