Whatever the size of your nest egg, retirement will likely mean big changes in your financial life. Sources of income can shift, as can expenses. Financial priorities often change as well as you move from saving for retirement to generating income from your hard-earned retirement savings. Learning the differences between between cash flow and liquidity, and knowing how to balance the two can give you a big head start on your retirement budget.
Read the full articel on the Fidelity website here: https://www.fidelity.com/viewpoints/retirement/managing-cash-flow