Root Talks: Spend Your Way to a Happier Retirement: 5 Pillars of Better Spending

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5 • 706 Ratings

🗓️ 1 May 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Many great savers hesitate to spend once they retire—unsure how to shift gears after years of discipline. In this episode, we talk through what it looks like to use money with intention, not just someday, but now. Prompted by a thoughtful note from a Root Collective member, we share stories—personal and client-based—about the small upgrades that matter: better experiences, more time, stronger health, and generosity that deepens relationships. We also walk through five areas where spending o...

Transcript

Click on a timestamp to play from that location

0:00.0	This is another episode of Ready for Retirement.
0:05.0	I'm your host, James Cannell, and I'm here to teach you how to get the most of the life with your money.
0:09.2	And now, on to the episode.
0:12.7	I'm going to guess that the majority of you watching this content or listening right now are good savers.
0:19.5	That's why you are where you are. That's why you're
0:22.1	listening to this content, thinking of ways to further optimize your finances. Now, some of you
0:26.3	are thinking, my partner is a great spender. Okay, well, we're not talking about them right now.
0:30.6	We're talking about you in this savers mindset. And one of the coolest things that we have right
0:35.6	now at Root going on is this community.
0:38.1	It's called the Root Collective.
0:39.4	And in this collective, there are certain prompts that I'll see that will catch my eye or James's eye.
0:45.1	And that's how we come up with what we want to talk about today.
0:48.1	And so today is a really interesting one.
0:50.3	And this was prompted by Tommy C, who says the following. For those who are great savers before
0:57.8	retirement and are now retired, what are the little splurges that you now spring for that you
1:03.7	wouldn't before retirement? And he has a couple in here that might make you think a little differently
1:08.9	about how you want to save or potentially spend or
1:12.5	give or X, as we'll talk about today. James, when you're seeing someone talk about, oh my gosh,
1:20.1	what are some of these things that maybe I wouldn't normally do, but now that I'm retired,
1:24.9	I'll consider doing what's coming to your head?
1:32.1	Well, first thing is, number one, let's not wait until retirement to do some of these things.
1:33.2	This isn't like a binary.
	...

Transcript will be available on the free plan in 27 days. Upgrade to see the full transcript now.

Previous episode

Disclaimer: The podcast and artwork embedded on this page are from James Conole, CFP®, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of James Conole, CFP® and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.