8 Behavioral Shifts That Help Retirees Actually Spend Their Money

Описание: If you’ve spent decades saving, investing, and doing everything “right,” why does spending in retirement feel so hard?

Many retirees don’t struggle because they didn’t save enough, they struggle because the transition from saver to spender is psychological, not mathematical. In this video, we break down why so many retirees underspend and how to finally enjoy your money without fear of running out.

Drawing on behavioral finance research ,including the paper Spend More Today Safely, this video walks through 8 proven behavioral shifts that help retirees spend more confidently, safely, and intentionally. You’ll learn why income feels safer than portfolios, how income floors and spending guardrails reduce anxiety, and why loss aversion and regret often keep retirees stuck in permanent frugality.

We cover:
Why saving is rewarded — but spending in retirement is not
How to transition from saver to spender without panic
The role of guaranteed income, Social Security optimization, and debt-free retirement
Why retirees fear “wasting” money and how to overcome loss aversion
How systems, automation, and phased spending increases protect against emotional decisions
Why gliding into retirement can reduce sequence-of-returns risk
How to enjoy retirement spending while staying financially secure

If you’re retired, nearing retirement, or planning ahead — and want to spend your retirement money confidently without guilt, this video will help you reframe money as a tool for living, not just protecting.

00:00 Intro – Why the Saver to Spender Transition in Retirement Feels So Hard
00:47 Why Retirees Struggle to Spend After a Lifetime of Saving
02:03 Step 1: Test-Drive Retirement With a Real Financial Plan
02:35 Build Your Retirement Budget on Paper (Income + Withdrawals)
03:18 Practice Retirement in Real Life Before You Quit Working
04:40 Step 2: Build a Trusted Income Floor in Retirement
06:16 Step 3: Give Every Dollar a Role in Your Retirement Plan
07:59 Step 4: Automate Retirement Spending With Smart Systems
09:28 Step 5: Overcome the Regret Trap That Causes Underspending
11:26 Step 6: Ease Into Retirement Instead of Making Big Leaps
12:55 Step 7: Reframing Annuities as Retirement Spending Permission
15:00 Step 8: Review and Adjust Your Retirement Plan Each Year
16:42 The Bigger Insight Behind Why Retirees Underspend
17:33 Bloopers

Spend More Today Safely: https://www.researchgate.net/publicat...


Some of my favorite books: https://amzn.to/3KF3tlr
Camera & equipment I use: https://amzn.to/3Z20lof

Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research.

Join the family & subscribe to my channel here:    / erintalksmoney  

Thanks for watching, I appreciate you!