Balancing Discipline and Freedom in Retirement
Manage episode 437873841 series 3561345
Many people struggle with the transition from saving for retirement to confidently spending their savings. This can be especially challenging for those who have followed a disciplined approach to saving, such as Dave Ramsey graduates.
Breaking down this mentality requires a plan that allows for both discipline and freedom. It's important to shift from a growth mindset to an income mindset in retirement and adjust investments accordingly. A proper retirement plan can help individuals loosen up and spend with confidence, preventing future regrets.
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