EPISODE · Sep 26, 2023 · 28 MIN
Spend Guilt-Free: How to Shift from a Savings to Spending Mindset in Retirement
from Ready For Retirement · host James Conole, CFP®
One of the most ironic things about retirement spending is that the people who have saved the most money are often the same ones that have the most difficult time spending that money. We often think that if we save up enough money or build up enough of a portfolio that in retirement it will open up unlimited fun and enjoyment.The reality is, for those who have saved well, one of the hardest things you'll find about retirement is the difficulty you'll likely face trying to spend some of that money. James discusses how you how you can shift your savings mindset to a spending mindset.Questions Answered:Why is it so difficult to go from a savings mindset to a spending mindset?How do we start making the shift with our mindset? Timestamps:0:00 Intro4:57 James' perspective7:48 Example10:47 We need to realize this14:52 How do we reframe?16:58 Pillar 118:38 Pillar 219:19 Pillar 320:36 Pillar 422:25 Pillar524:34 Summary27:18 OutroCreate Your Custom Strategy ⬇️Get Started Here.Join the new Root Collective HERE!
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One of the most ironic things about retirement spending is that the people who have saved the most money are often the same ones that have the most difficult time spending that money. We often think that if we save up enough money or build up enough of a portfolio that in retirement it will open up unlimited fun and enjoyment. The reality is, for those who have saved well, one of the hardest things you'll find about retirement is the difficulty you'll likely face trying to spend some ...
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Spend Guilt-Free: How to Shift from a Savings to Spending Mindset in Retirement
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