In addition to having a monthly budget, seniors and pre-retirees would be wise to have a withdrawal plan in place regarding how they'll access their money during retirement.
At the end the government ordered the troops to open fire if necessary, only to announce 24 hours later that they would be withdrawn; no withdrawal plan was ever presented.
There is an evident disconnect between how long retirement income typically needs to last, the savings pattern of many, and the withdrawal plans of most.