I Saved for Retirement… Now I’m Afraid to Spend It

After spending decades earning, saving, and watching our investment balances grow, retirement asks us to do something that can feel completely unnatural: start spending the money. _______________________________________________________________________________________ 📊 PLAN YOUR RETIREMENT WITH BOLDIN I use Boldin to model retirement scenarios, spending, taxes, and other long-term financial decisions. If you want to build and test your own retirement plan, you can check it out here: https://go.boldin.com/scottunlocked Disclosure: This is an affiliate link. If you purchase a paid Boldin plan through my link, I may earn a commission at no additional cost to you. ________________________________________________________________________________________ Even when the retirement plan says we can afford it, our instincts may still tell us to save. In this video, I talk about the psychological shift from accumulation to decumulation, why withdrawing from a portfolio feels so different from receiving a paycheck, and how I’m learning to balance two very real retirement risks: • Spending too much too early • Waiting too long to enjoy the life we worked so hard to build The goal isn’t careless spending. It’s intentional spending—with a plan, clear boundaries, and permission to use the money for the purpose it was saved. What do you think will be harder for you in retirement: saving enough, or giving yourself permission to spend? ━━━━━━━━━━━━━━━━━━━━ WATCH NEXT Our First Month Retired—What We Actually Spent https://youtu.be/fJZxbRlVdY8 I Retired at 54 Because of This—Most People Never Hear About It https://youtu.be/-_q5Q1SeVDA What I Actually Do All Day After Retiring at 54 https://youtu.be/3iBjmatSTKs The Best Retirement Decision I Made Wasn’t Financial https://youtu.be/8fqOGIrhX9k Subscribe to Scott Unclocked: https://www.youtube.com/@scottunclocked?sub_confirmation=1 ━━━━━━━━━━━━━━━━━━━━ CHAPTERS 00:00 Why spending feels different in retirement 00:31 When savi