You just retired (or are about to). Now what?

Retirees and near-retirees face challenges from inflation and economic uncertainty, emphasizing the need to adjust spending rates, prioritize safer assets for cash flows, and optimize Social Security benefits to mitigate sequence-of-returns risk. Strategies include forgoing inflation adjustments during market downturns, maximizing savings through catch-up contributions, and adjusting portfolio allocations to preserve long-term income.