In this episode, we are again joined by Dean Blair from FoxPlan and we talk about why your spending won't go down in Retirement. When speaking with people nearing retirement, part of their plan is often to reduce their spending – perhaps often to spend half as much as they currently do.
The issue is that we spend more during the weekends and when we are on vacation. Retirement is the longest vacation of your life. This is why building wealth and preparing is so important.
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