Almost two-thirds of Americans say they worry more about running out of money in retirement than about dying — and for many, that fear may become a reality.

According to a survey from retirement technology firm IRALogix, about half of America’s retirees don’t take any systematic approach to withdrawing their many billions of dollars in retirement assets. Only 22% of retirees follow any kind of plan, the survey found.

Having a plan is vital, especially if financial markets drop early in retirement, as pulling money during downturns can drain savings fast. Many older adults return to work when stocks fall details ⇒

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