Retirement phases (go-go / slow-go / no-go)

What this is

Retirement spending isn't flat — it's a curve

David Blanchett's research: retirees spend more in early retirement (travel, projects), less in mid retirement (settled, slowing down), and rise again in late retirement (healthcare). The 'phases' framework adjusts the projection.

• ·Go-go (~age 65-75): 100% of base spending. Travel, hobbies, helping kids, projects.
• ·Slow-go (~age 75-85): 80% of base. Still active but less travel, fewer big purchases.
• ·No-go (~age 85+): 70% of base + healthcare add-on. Out-of-pocket meds, vision, dental, home care.