Many build financial fortresses only to feel guilty spending a penny. But you don't just want to be rich, you want to live richly as well. How can you get over the psychological hurdle of spending in retirement? Learn to redefine wealth beyond numbers, embrace "Ikigai goals," and create a spending plan that frees you to live fully and leave a lasting legacy with Loh Yong Cheng from Providend.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

02:49 Overcoming spending guilt

04:37 Translating assets into a perceived income flow

09:00 Your Ikigai goals

10:49 Taking care of you and your legacy

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Loh Yong Cheng, deputy head of advisory at Providend

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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S1E239: Retire rich, spend smarter - Beat the "guilt of spending"