Retirement spend down

Retirement spend down is when you use the money in your retirement accounts (like a 401k or IRA) to pay for things you need after you retire. It's important to plan carefully when you do this, because you don't want to run out of money. You also want to make sure you don't spend too much too quickly, because you still need the money to last you through retirement. The best way to do this is to make sure you create a budget to keep track of your spending, and stick to it.