Episode Details

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Most retirement conversations focus on saving enough, but very few talk about what happens next. What if you’ve done everything right and still can’t bring yourself to spend the money? It’s more common than people admit, and it can quietly take away from the retirement you worked so hard to build. Phil breaks down why spending in retirement can feel so difficult- and how a well-built plan doesn’t just protect your money, it gives you permission to enjoy it.

Here’s some of what we discuss in this episode:

😟 Fear Factor: The fear of running out can override even a strong plan

🔄 Income Shift: Transitioning from earning to drawing income takes adjustment

🧠 Behavioral Side: Habits built over decades don’t just switch off overnight

❤️ Emotional Weight: Guilt and uncertainty can impact spending decisions

🔁 Mindset Shift: Moving from saving to spending is a major transition

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