The global financial narrative has long warned individuals that they are not saving enough for retirement. However, counterintuitive new research highlights a major structural blind spot for millions of affluent retirees: the real psychological risk is actually under-spending. Independent Financial Consultant James Thomas joins Tim Elliott to analyse how decades of deep-rooted saving habits leave retirees petrified to spend, the broader macroeconomic consequences of capital refusing to flow, and how finding personal passions can help individuals safely enjoy their hard-earned nest eggs.