What’s the one mistake that can quietly drain your retirement savings year after year? In this episode, Ben and Kaitlin tackle one of the biggest pitfalls retirees face: mismanaging their spending. Ben reveals the real threats to retirement income, and it’s not just inflation. It’s unrealistic budgets, healthcare curveballs, and those spontaneous purchases.

They dive into why having a realistic, tax-conscious spending plan is more essential than ever. Learn why pulling money from your IRA for that kitchen renovation or big trip might cost more than you think, and how to plan smarter instead. Ben explains how spending typically decreases with age (yes, even with inflation) and why building conservative assumptions into your retirement plan gives you confidence in any market. Plus, you’ll find out the one mindset shift every retiree should make before spending another dollar.

Here’s some of what we discuss in this episode:

💸 Why overspending early can ruin your retirement plan

🧾 The difference between realistic and wishful budgeting

🏥 Health insurance traps when you retire before Medicare

📉 What happens when you sell investments in a down market

🏠 How to plan for home projects without derailing your future

 

 

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