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Episode 8: The ‘Too Little’ Trap
What if paying off your house isn’t the smartest move—but a financial trap? Many people believe a debt-free home equals financial security, but what if that mindset is holding you back from real financial freedom? In this episode of I’ve Heard Worse, Sara McCullough challenges conventional retirement wisdom, breaks down the surprising results of a new CPP study, and reveals why many retirees struggle to actually spend the wealth they’ve built. Plus, we unpack why your financial decisions should be based on facts—not just rules of thumb.
Key Points:
Your house won’t pay the bills. Home equity isn’t cash—so how will you actually access it when you need it?
Being ‘too responsible’ can cost you. Many retirees underspend out of fear, even when they have plenty of money. Are you one of them?
Most people make financial decisions blind. The CPP study shows that many don’t understand what they’re actually entitled to—are you missing out?
Flexibility beats rigidity. Being "house rich, cash poor" locks you in, while liquid assets give you the power to make better choices.
You saved for a reason—use it! Retirement isn’t just about having enough. It’s about using your wealth to create the life you actually want.
Resources
Sara McCullough on Web | LinkedIn | Email | Instagram
Organize Your Financials - with 45 days free trial period
Original CPP delay study
CPP explainer video
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By Sara McCulloughWhat if paying off your house isn’t the smartest move—but a financial trap? Many people believe a debt-free home equals financial security, but what if that mindset is holding you back from real financial freedom? In this episode of I’ve Heard Worse, Sara McCullough challenges conventional retirement wisdom, breaks down the surprising results of a new CPP study, and reveals why many retirees struggle to actually spend the wealth they’ve built. Plus, we unpack why your financial decisions should be based on facts—not just rules of thumb.
Key Points:
Your house won’t pay the bills. Home equity isn’t cash—so how will you actually access it when you need it?
Being ‘too responsible’ can cost you. Many retirees underspend out of fear, even when they have plenty of money. Are you one of them?
Most people make financial decisions blind. The CPP study shows that many don’t understand what they’re actually entitled to—are you missing out?
Flexibility beats rigidity. Being "house rich, cash poor" locks you in, while liquid assets give you the power to make better choices.
You saved for a reason—use it! Retirement isn’t just about having enough. It’s about using your wealth to create the life you actually want.
Resources
Sara McCullough on Web | LinkedIn | Email | Instagram
Organize Your Financials - with 45 days free trial period
Original CPP delay study
CPP explainer video