Retiree’s Guide: Overcoming Frugality & Embracing Spending, Pt 2 | MHFI 162

Doug and Carl talk about the shift from saving to spending in retirement. It’s not always easy to go from being a big save to a big spender. Or even a little spender. Why do early retirees feel guilty about spending? Societal expectations Finding balance Do you love Mile High FI? Of course you do. Show us the love by supporting us over at Buy Me a Coffee. Links Ramit Sethi Downshift Financial Doug’s site – Check out the NEW Sleep Post. Carl’s blog: 1500 Days — Join the Mile High FI Club – It’s our email list! Get MHFi Merch – It helps support the show. Get t-shorts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles 1500 Days, Carl’s Blog about Early Retirement Email us here: [email protected] or [email protected] 0:00 Introduction 1:12 Psychology of frugality & guilt 6:22 Pivoting to spending more 11:04 Tips & strategies for spending 15:30 Spending in retirement 25:12 Happiness & community 30:36 New branded products coming soon 36:22 Financial flexibility 39:28 Creating a retirement budget vs. actual spending 47:32 Questions for listeners/viewers 51:07 Soundcheck – Simple food stories