We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Spend Guilt-Free: How to Shift from a Savings to Spending Mindset in Retirement

Spend Guilt-Free: How to Shift from a Savings to Spending Mindset in Retirement

2023/9/26
logo of podcast Ready For Retirement

Ready For Retirement

Shownotes Transcript

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 Outro

Create Your Custom Strategy ⬇️

Get Started Here.)