The phase where an investor covers living expenses from accumulated assets rather than earned income is the:

Name: The phase where an investor covers living expenses from accumulated assets rather than earned income is the:
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Question

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The spending phase refers to the period in an investor's life when they are using their accumulated assets to cover living expenses, typically during retirement, rather than relying on earned income from employment or active business activities.

The Phase Where an Investor Covers Living Expenses from Accumulated