Retirement Spending Patterns with Abraham Okusanya
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 24 February 2021
⏱️ 35 minutes
🧾️ Download transcript
Summary
Spending is one of the biggest levers in our control. When we're building wealth, well….we won't build wealth unless we control our spending. When we approach retirement, it's really important to understand what our likely spending patterns might be so we can plan accordingly. Today I bring back repeat guest, the ever-popular Abraham Okusanya of Timeline, who has literally written the book on retirement spending and investing called Beyond the 4% Rule (link below), and continues to do great work in this field.
Transcript
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| 0:00.0 | I folks and welcome to the Meaning for Money Podcast, this is session number 410. |
| 0:13.3 | This is the podcast dedicated to helping you put your finances in order. |
| 0:17.6 | My name is Pete Matthew and I'm going to share with you everything you need to know and |
| 0:21.0 | everything you need to do to secure your financial future. |
| 0:24.5 | I'm here to help you make sense of money. |
| 0:34.3 | Here we are once again, hope you're doing okay, a little bit echo in here in the new room |
| 0:39.0 | because you know, I haven't fixed that yet. |
| 0:41.1 | But looks great, needs to sound a little bit better. |
| 0:44.2 | But it's sunny because I'm a perfectionist really. |
| 0:46.9 | Now, spending is one of our biggest levers under our control when we're building |
| 0:52.8 | wealth. Well, we won't build wealth unless we control our spending. |
| 0:58.3 | When we approach retirement, it's really important to understand what our likely spending |
| 1:02.0 | patterns might be so that we can plan accordingly. |
| 1:05.4 | And that's not going to be talking about today. |
| 1:07.5 | Now, after the main body of the show, I'll look at a review that's been left this week |
| 1:11.8 | and that's what we're going to be talking about next week, all the usual stuff. |
| 1:14.0 | But remember, before any of that, this podcast continues to be brought to you with the help |
| 1:17.3 | of my friends, seven investment management. |
| 1:20.0 | They've been helping me out here on Meaning for Money for Ages. |
| 1:22.6 | So definitely check out what they're up to. |
| 1:24.1 | They're at 7am.co.uk. |
| 1:26.2 | That's the number seven I am.co.uk or check them out. |
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