Hello, Welcome to the eighteenth issue of Allison’s Ode to the Second Moment, a newsletter that scares away bogies and keeps your brain from turning to mush. Your brain won’t go bad after all Sometimes I suspect we haven’t thought this whole modern retirement thing through. As you know, I worry that people don’t know how much to spend and how to invest after they retire. It is the hardest part of personal finance. You don’t know how long you will need to make the money last; there will probably be large, unpredictable health expenses; and there is no room for error. If you run out of money, you can’t just go back to work. Yet the saving part gets way more attention, maybe because it’s easier to understand.