According to CNN Money, many retirees have a hard time spending the money they worked so hard to save.
Studies by the American College of Financial Services and Vanguard both found that seniors spent far less than they could afford.
Both studies focused on seniors who were financially able to spend more but did not.
Since you can't take it with you, CNN Money recommends spending for a happier retirement: Dinner out with family and friends, travel and entertainment. These spends are usually more satisfying than spending money on clothing, gadgets or jewelry.
Also spending on enhancing your talents can be satisfying. Learning to play an instrument or taking a class in a subject you always wanted to learn more about.
Charity can be satisfying. If you don't have a church or favorite charity now, you can find one on charitynavigator.org.
Volunteering can also be satisfying.