<html><body><p>When <a href="https://quotes.tuteehub.com/tag/people-24" style="font-weight:bold;" target="_blank" title="Click to read more quotes about PEOPLE">PEOPLE</a> retire, their income <a href="https://quotes.tuteehub.com/tag/drops-3335" style="font-weight:bold;" target="_blank" title="Click to read more quotes about DROPS">DROPS</a> <a href="https://quotes.tuteehub.com/tag/much-1616" style="font-weight:bold;" target="_blank" title="Click to read more quotes about MUCH">MUCH</a> more sharply than their consumption. As a result, they stop <a href="https://quotes.tuteehub.com/tag/saving-8161" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SAVING">SAVING</a> and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.</p></body></html>

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When PEOPLE retire, their income DROPS MUCH more sharply than their consumption. As a result, they stop SAVING and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.

Author - Greg Ip Subject - Drawing

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When PEOPLE retire, their income DROPS MUCH more sharply than their consumption. As a result, they stop SAVING and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.

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When PEOPLE retire, their income DROPS MUCH more sharply than their consumption. As a result, they stop SAVING and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.

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