Ep.12 Why Retirees Can’t Spend - Even When They’ve Got Millions

By
Steve Rowe
May 8, 2025
51 Mins
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By
Steve Rowe
May 8, 2025
51 Mins
Share this post

Episode Summary

They’ve worked hard, saved smart, and built a retirement fund most people would envy. So why can’t they spend it?

In this thought-provoking episode, Steve Rowe and Jess Schlupp-Taylor explore a surprising retirement paradox: why even wealthy retirees often feel too anxious or guilty to enjoy the money they’ve earned.

Because it’s not just about having enough it’s about feeling safe enough to spend it.

Episode Highlights

  • The hidden fears behind financial paralysis even with a 7-figure pension.
  • Why lifelong savers struggle to switch gears when retirement hits.
  • The emotional cost of underspending: guilt, anxiety, and missed joy.
  • How smart planning creates “permission to spend” (hello, simulated income!).
  • Why your brain might still feel broke, even when your bank account says otherwise.

Whether you’re nearing retirement, already there, or advising someone who is, this episode offers powerful insights on turning financial security into emotional freedom.

Listen to Episode

Watch the Episode Here

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