Welcome back to the Roadmap to Retirement podcast. In this solo episode, I discuss two key topics. First, the challenge some retirees face of having ‘too much money,’ a situation often resulting from decades of diligent saving and conservative spending habits. I explore strategies for making meaningful use of these funds, such as gifting to adult children or supporting charities, and also suggest indulging in personal bucket list experiences.

Second, I address the temptation and pitfalls of debt, particularly low-interest debt, urging listeners to be cautious of lifestyle creep and to consider the true cost of financing items like cars. Finally, I propose a crucial question for anyone meeting a financial advisor: ‘How long have you been an advisor, and how long do you plan to continue?’ This helps ensure you find a knowledgeable advisor who can support you long-term. Tune in for practical financial tips and strategies to supercharge your retirement savings.

Thanks for listening, come back soon for another new episode!