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Why Retirees Spend Less than They Could
One of the cruel ironies of money is that if you're a really good saver, spending down your investments is a tough mental switch.
In today's episode Rick and I unpack some of our thoughts on why the middle-class millionaire retiree often times spend less than they could afford to - even if there are things they want to spend on!
"Money is fuel, it only serves it's purpose when it's burnt."
Listen in on real-life stories from retirees who made that transition successfully, and ones who struggled to stick the landing.
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By Hamilton BrandenburgOne of the cruel ironies of money is that if you're a really good saver, spending down your investments is a tough mental switch.
In today's episode Rick and I unpack some of our thoughts on why the middle-class millionaire retiree often times spend less than they could afford to - even if there are things they want to spend on!
"Money is fuel, it only serves it's purpose when it's burnt."
Listen in on real-life stories from retirees who made that transition successfully, and ones who struggled to stick the landing.