Why Savvy Savers Should Spend More in Retirement

Secure Your Retirement

In this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the importance of spending more in retirement. The savings habits we build in our working years can unintentionally lead to a fear of spending money to enjoy life in retirement.

Listen in to learn how to shift your mindset from fear of spending and start building good habits that will lead to a successful retirement. You will also learn about the experiences and things you can spend money on, plus the importance of planning ahead of your retirement.

In this episode, find out:

● How the fear of running out of money in retirement is putting you into a fear mindset.

● How saving habits become deeply ingrained in us that it becomes difficult to spend in retirement.

● How to shift your mindset and start building good habits for a successful retirement.

● How to spend money on experiences and things that can make your life more enjoyable.

● The importance of planning ahead of your retirement to make vision financially possible.

Tweetable Quotes:

● "People often experience immense anxiety about depleting their finances during retirement, and this fear can be paralyzing, trapping them in a mindset dominated by fear."- Radon Stancil

● “We get so good at saving, and these habits get ingrained so deeply in our brains that it makes it very difficult to start spending our money, particularly in retirement age.”- Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.