The Fear of Spending Money in Retirement

We read an article recently that made the argument that you need to spend more to have a better retirement. This is something we discuss with clients once they transition from working to retirement. It helps them understand that we’ve done the planning and it’s OK to spend the money. Today, we’ll explain how you can get over the fear of spending. 

 

Read and get additional financial information: https://smartmoneyquestions.com/podcastposts/fear-of-spending-money/

 

What we discuss: 

3:22 – Spend more money

5:17 – The fear

8:43 – Three areas of budgeting

11:39 – Spending years

13:21 – Investments and distribution