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.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

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'. Subscribe