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The Psychology of Spending in Retirement

The Psychology of Spending in Retirement

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Many successful savers find the transition to spending their nest egg the most difficult financial hurdle in retirement, often fearing they'll run out of money even when the math says otherwise. This episode explores the behavioral science behind the "frugality trap," examining why the pain of withdrawal can outweigh the pleasure of spending your hard-earned wealth. Discover actionable strategies to shift your mindset from a lifelong accumulator to a confident spender, ensuring you enjoy the retirement you worked so hard to build.
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