UPDATE - Jean Chatzky and Corebridge Financial's Terri Fiedler Share How to Spend Retirement Savings with Confidence on YourUpdateTV

Corebridge Financial research reveals that only 28% of workers and retirees feel psychologically comfortable spending their retirement savings, despite 60% associating retirement with freedom. The study highlights a disconnect between retirement expectations and spending anxiety, driven by uncertainties about longevity, healthcare costs, and market conditions. Experts recommend developing personalized decumulation plans and guaranteed lifetime income strategies to help retirees spend with confidence.