It’s a good problem to have, but it’s still a problem:  Research shows that many retirees are spending a lot less than they could be.  Michael Finke, a professor at The American College of Financial Services, tells Yahoo Finance that people seem to be afraid to spend down their nest egg! Hear Steve explain how at times he has to give his clients a "license to spend." Steve also explains how having lifetime income can help eliminate the fear of running out of money and outspending your retirement savings!