1905: [Part 1] 5 Steps To Learn To Spend In Retirement by Fritz Gilbert of The Retirement Manifesto

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 28 May 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fritz Gilbert shares 5 steps for spending in retirement. This is part 1 of 2. Episode 1905: [Part 1] 5 Steps To Learn To Spend In Retirement by Fritz Gilbert of The Retirement Manifesto Fritz Gilbert retired at age 55 after a 33-year career in the global aluminum industry. His award-winning blog, The Retirement Manifesto, is focused on helping people achieve a great retirement. The blog follows his journey from 3 years prior to retirement through his first 2+ years of living in retirement and focuses on both the financial and non-aspects required to live a great life in retirement. Follow him at his blog, TheRetirementManifesto, or on Twitter and Facebook. The original post is located here: https://www.theretirementmanifesto.com/5-steps-to-learn-to-spend-in-retirement/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 1905.
0:04.1	Five steps to learn to spend in retirement.
0:07.4	Part one, by Fritz Gilbert of the RetirementManifesto.com.
0:12.4	And I'm your host and personal finance enthusiast, Diana Mariam.
0:16.7	I have a bit of a longer post today.
0:19.4	I'll read the first half today and then finish the rest for you tomorrow.
0:23.4	So let's dive into the first half and start optimizing your life.
0:28.1	Five steps to learn to spend in retirement.
0:35.2	Part one, by Fritz Gilbert of the RetirementManifesto.com.
0:41.2	There's a common problem that hits many people in retirement.
0:45.3	After years of saving in order to achieve the retirement dreams, many retirees have a
0:50.7	hard time breaking old habits.
0:53.8	This seems to be particularly true of those who have been diligent savers throughout their
0:58.5	working years.
1:00.3	Many retirees spend too little money.
1:04.0	There's actually a name for this problem, Chrome tophobia.
1:08.1	It's a difficult problem to solve, but today we're going to look at how to encourage
1:12.4	folks to exercise their freedom to spend in retirement.
1:17.0	You've worked your whole life to reach this point.
1:19.8	Don't live fear and anxiety crash your retirement party.
1:24.0	My wife and I have been intentional in trying to learn how to spend in retirement without
1:28.9	worry, and I'm hoping some of the lessons we've learned will help those of you who are
	...

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