Retirement Answer Man

Replay: How to Manage Your Scarcity Brain


Listen Later

In this episode, Roger Whitney welcomes Michael Easter, New York Times bestselling author of 'The Comfort Crisis' and 'Scarcity Brain.' They delve into the concept of overcoming frugality and the evolutionary mismatches that affect our resource management in retirement. Discover how short-term discomfort can lead to long-term growth, the importance of taking the stairs in life, and the psychological implications of our modern abundance. Tune in for insights that can help you not just survive retirement, but thrive in it!

*Episode originally aired March 27, 2024

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

  • [01:04] Today we have Michael Easter, author of Scarcity Brain, on the show.

PRACTICAL PLANNING SEGMENT WITH MICHAEL EASTER

  • [02:20] Roger introduces Michael Easter to the show
  • [03:14] The Comfort Crisis falls into the Energy Pillar- building energy so you can show up for your life.
  • [04:30] Roger asks Michael what his objective was in exploring the Comfort Crisis
  • [09:40] Why is it a bad thing to be comfortable?
  • [12:40] How do we start being more uncomfortable?
  • [16:11] The Scarcity Brain falls into the Vision Pillar.
  • [18:00] Why do we have a constant feeling that we don’t have enough?
  • [25:25] Quantifying goals is not always the best thing to do.
  • [29:01] Michael defines what the scarcity loop is.

TODAY’S SMART SPRINT SEGMENT

  • [33:21] In the next seven days, take the stairs! Do something that most people don't do.

RESOURCES

  • BOOK - The Comfort Crisis by Michael Easter
  • BOOK - Scarcity Brain by Michael Easter
  • Stutz
  • Rock Retirement Club

FOLLOW US ON SOCIALS

  • Follow Us on Facebook!
  • Follow Us on Instagram
...more
View all episodesView all episodes
Download on the App Store

Retirement Answer ManBy Roger Whitney, CFP®, CIMA®, RMA, CPWA®

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

1,197 ratings


More shows like Retirement Answer Man

View all
The Stacking Benjamins Show by Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

The Stacking Benjamins Show

2,000 Listeners

Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,956 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

450 Listeners

Your Money, Your Wealth by Your Money, Your Wealth

Your Money, Your Wealth

816 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

454 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

543 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

752 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

557 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

694 Listeners

The Long View by Morningstar, Christine Benz - Director of Personal Finance and Retirement Planning, Ben Johnson - Head of Client Solutions, Amy Arnott - Portfolio Strategist

The Long View

934 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

828 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

200 Listeners

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

597 Listeners

MoneyWatch with Jill Schlesinger by CBS News

MoneyWatch with Jill Schlesinger

438 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

1,062 Listeners