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cover of episode How to Overcome Fears of Spending in Retirement

How to Overcome Fears of Spending in Retirement

2024/9/24
logo of podcast Ready For Retirement

Ready For Retirement

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Ben has been a saver his entire life, which helped position him for an early retirement at the age of 53. Yet, he faces a big challenge. Having maintained his modest lifestyle, Ben’s comfortable portfolio has continued to grow and has nearly doubled in value. James and Ben discuss the challenges of making mindset shifts and the proactive steps Ben has taken to encourage himself to spend more. Questions answered:How did Ben decide to retire when he was in his peak earning years?What are the steps Ben has taken to force himself to spend more?  Submit your request to join James: On the Ready For Retirement podcast: Apply Here)On a Retirement Makeover episode: Apply Here) Timestamps:0:00 - Meet Ben2:36 - A lifetime saver5:28 - Confidence to retire early6:41 - Retirement reality vs expectations9:12 - The appeal of retirement11:46 - The biggest challenge - spending14:13 - A growing portfolio17:33 - The lure of subsidies

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