The Hardest Part of Retirement? Learning to Spend Your Money

One of the hardest things to do after a lifetime of building wealth is learning to spend it.

Many of my clients have spent decades being careful with money, habits passed down from parents who lived through the depression. Those habits build wealth. But they can also make it hard to enjoy it.

Good modelling proves to people that they can afford to live well. And sometimes that means giving yourself permission to have a $5 coffee with friends. Not because of the coffee, but because of the connection.

Mindful spending that adds value to your life. That is the goal.

General Advice Only. Robert Goudie is an Authorised Representative (No. 235974) of Consortium Private Wealth Pty (AFS Licence 495401).