In the first part of this series, we explore the difficult psychological and mathematical shift from a lifetime of saving to a lifetime of spending. We break down the "spending trap"—explaining why the early years of retirement are the most critical for your portfolio's long-term survival and how hidden costs can derail even the best-laid plans. Tune in as we identify common pitfalls and provide initial strategies for setting realistic budget guardrails to ensure your nest egg lasts as long as you do.