Ep. 46 Retirement Spending Fears: Why Even Wealthy Retirees Hold Back

from Not Just Numbers: Honest Conversations with a Financial Advisor (and Lawyer!) · host Michael Garry & Madison DeMora

Send us Fan MailIn this episode of Not Just Numbers, Madison Demora and Mike Garry discuss the surprising trend of wealthy retirees underspending in retirement despite having the financial means to enjoy it. They explore the "retirement consumption puzzle" and the psychological shift from decades of saving to spending. Mike shares insights from client experiences, explains the importance of planning for meaningful spending, and offers strategies to strike the right balance between financial security and enjoying life's best years.WSJ article link: https://www.wsj.com/personal-finance/retirement/retirement-spending-longer-life-savings-4b511053

Episode metadata supplied by the publisher feed · Published Feb 20, 2025

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Ep. 46 Retirement Spending Fears: Why Even Wealthy Retirees Hold Back

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