Retirement Starts Today Why Your Old Spending Habits Won’t Work in Retirement
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Sep 1, 2025 Super savers often struggle to spend their hard-earned money after years of saving. The discussion highlights an insightful exercise where listeners recall a memorable trip, itemize past expenses, and then triple that budget. This method encourages rethinking spending habits and discovering fulfilling ways to use resources in retirement. By transitioning from a saving mindset to a spending one, retirees can enhance their enjoyment and satisfaction in their golden years.
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Why Super Savers Struggle To Spend
- Super savers are uncommon because they practiced uncommon habits for years to accumulate wealth.
- Those same habits can make it hard to spend in retirement unless re-examined.
Work Imposes Two Invisible Constraints
- While working, two invisible constraints shape spending: your wage and your time.
- Those constraints filter every spending decision, limiting what you consider 'worth it.'
Retirement Flips Time And Money Limits
- In retirement those two constraints often disappear or reverse because money and time open up.
- This flips the decision framework and invites a new way to evaluate spending.