Widows Need a 'License to Spend': Study

Analysis October 20, 2026 at 03:47 PM
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What You Need To Know

  • Widows spend more than twice as much from lifetime income as widowers after a spouse dies, new research shows.
  • Widows also are slightly less likely that widowers to spend from savings.
  • Giving the surviving spouse a "license to spend" is a crucial part of an income plan, Michael Finke says.
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