There’s no one-size-fits-all advice for workers on post-retirement spending, a new study by the Employee Benefit Research Institute indicates.

While 54.1 percent of retirees spent less or the same in the first two years after work, 45.9 percent spent more.

And of those spending more, 28 percent upped their outlays by 20 percent or more annually.

It might be tempting to think the splurges are limited to the wealthy who can afford to travel to exotic locales, but the researchers found the spending increases occur across all income levels.

The number of Americans spending more than they did while they were working declines by about a quarter by the sixth year of retirement.

On average, Americans spend 94.5 percent of pre-retirement levels in their first two years of retirement. The number drops to 87.5 percent by the fourth year.

There is no mention in the report of significant increases in health-care spending outlays in the first few years after people leave the workforce.

Not surprisingly, since work commutes are gone, the biggest percentage decrease in post-retirement spending is in transportation.

However, the study did not look at the increasing number of Americans who are working from home.