(CNN)– A recent survey shows that many retirees are afraid to spend their hard-earned savings after leaving the workforce. The report from the financial services provider Allianz showed that 39% of retirees are reluctant to spend their retirement savings. And 71% of working-age Americans say th ey expect to feel the same way when they retire. Even those who have saved a nice nest egg say the psychological shift from saving to spending is hard to overcome. The survey found that the number one fear for retirees is outliving their savings. Categories: News Tags: Retire, retirement, retirement fund, U.S. economy, U.S. retirement ...read more read less