First Year After the Paycheck Stops

Retirement often feels like the finish line—but for many people, it’s just the beginning of a brand-new set of challenges. In this episode, we explore what the first year after the paycheck disappears actually looks like, based on decades of experience walking clients through retirement transitions. We discuss why practicing retirement income before you retire is so important, how dividends can replace a traditional paycheck, and why “budgeting” isn’t about spending less—it’s about knowing your business. We also unpack the emotional side of retirement, including anxiety, identity loss, and the temptation to overspend or panic when markets fluctuate. Whether you’re one year away from retirement or already living it, this episode will help you navigate the most critical transition year with clarity and confidence. www.planningmadesimple.com