When Saving Becomes a Habit You Can’t Turn Off | Root Talks

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Nov 20, 2025

Many retirees struggle with spending, even after achieving financial success. Some lifelong savers feel guilty buying simple pleasures, like $5 M&Ms. The hosts share stories of individuals who find it hard to transition from saving to spending. They discuss how a scarcity mindset can linger even in retirement and offer strategies for intentional, guilt-free spending. Practical exercises are suggested to help retirees clarify their desires and invest in experiences that enhance life, emphasizing health and joy over mere numbers.

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ANECDOTE

Saved Millions But Lost Mobility

A woman retired with $3 million but felt upset because health stopped her from doing planned travel and hiking.
Her savings grew from $2M to $3M and it didn't change the regret about lost physical ability to pursue goals.

INSIGHT

The Arrival Fallacy Of Saving

Accumulation can become the goal and create a persistent scarcity mindset even after financial success.
Hitting a target number doesn't automatically make life feel arrived or change behavior.

ANECDOTE

The $5 M&M Moment

A retired couple could spend more yet still grow wealth, but the husband refused to buy $5 M&Ms from a minibar and walked to a 7-Eleven.
The small act exposed how deep saving habits persist despite clear financial freedom.

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Some retirees have more money than they ever imagined… and still feel guilty buying the $5 M&Ms.

This episode is for the lifelong savers who nailed the retirement planning side—maxed out accounts, invested consistently, hit their “number”—but feel stuck when it’s time to actually spend. James and Ari share real client stories of multimillionaires who still walk past convenience to save a few dollars, not because they need to… but because the “always save” habit is so deeply wired in.

In this episode, you’ll hear:

Why it’s so hard to shift from accumulator to spender
How a scarcity mindset can follow you into a very comfortable retirement
The “M&M moment” that exposed just how powerful old money habits can be
Simple ways to practice guilt-free, intentional spending that aligns with your values

If you’ve ever asked yourself, “Is it really okay to spend this in retirement?” this conversation will help you see your money as a tool for memories, not just a balance sheet number.

Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation.

The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.

Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements

Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.

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