Strategies to Retire More Confidently, Ep #161

Many people that listen to retirement podcasts and read financial articles are fantastic savers. If that sounds like you, congratulations! Video recap: https://youtu.be/pUvfv1815fw You have done the hard work to accumulate plenty of assets and be on track to reach your financial retirement goals. However, after a lifetime of accumulation, you may discover that you have a hard time letting go of your assets. I recently came across an article in Barron's magazine called Retirees Aren't Spending Enough of Their Nest Eggs. Here's Why. On this episode of Financial Symmetry, Allison Berger and I will discuss the reasons that some retirees are reluctant to spend their savings and explore strategies that you can use to ensure that you have a successful transition into retirement. Outline of This Episode [1:33] Retirees aren't spending enough of their nest eggs and here's why [3:30] Why is there a reluctance to spend in retirement? [6:53] Tactics to spend [10:20] Create a retirement paycheck [12:26] Delay taking Social Security [14:48] Understand the tax tools available to you [19:31] Estate planning is not only about documents [22:05] Today's progress principle Resources & People Mentioned Retirees Aren't Spending Enough of Their Nest Eggs. Here's Why The Journal of Financial Planning Connect With Chad and Mike https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook Subscribe To This Podcast Apple Podcasts  Stitcher  Google Play