Don't save too little... or too much

Retirees who under-spend could put well-being at risk, experts warn

When Mr Mike Maslowski has trouble sleeping, he cracks open a beer in his Wenonah, New Jersey, living room, watches old movies and does not worry about it.

"I don't have to be anywhere at 8am," said the 61-year-old retiree, who worked for 30 years as an ad salesman for The Philadelphia Inquirer and Daily News.

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A version of this article appeared in the print edition of The Sunday Times on November 17, 2019, with the headline 'Don't save too little... or too much'. Print Edition | Subscribe