Monique aspired to retire early, and while she had faithfully saved throughout her working years, she wasn’t sure if she had enough to retire. After getting assurance from professionals, she took the plunge and quit working. Monique and James talk about the first two years of her retirement – how she’s been able to focus on her health and pursue some hobbies she didn’t have time for previously. Monique also shares some surprising challenges related to spending, travel, and family dynamics. Questions answered:What can retirees who are natural savers (and have more than enough) do to loosen the purse strings and spend more?What does Monique wish she had done differently during her working years in preparation for retirement?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 Monique3:58 - 5 years before retiring8:03 - Money impressions from childhood10:47 - Transition to retirement15:06 - Spending and travel challenges.20:50 - Family pressure and self-awareness25:51 - A spending exercise32:19 - Better physical and mental health35:53 - Persons and social changes39:01 - Advice for younger self
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