Don't be that person who becomes a hoarder in retirement! You know who you are and it's a big concern for those that are champs at saving but reluctant to spend. It almost seems like a good problem to have... but not really! Retirement planners Rachel Camp, CFP® and Jesse Cramer join the show for a tackle the topic and what's known as the "consumption gap"-- the mismatch between what retirees could safely spend and what they actually spend. They discuss how decades of frugality, and dopamine hits from watching net worth climb and similar types of thinking make it brutally hard to flip from saver to spender.

In this episode we cover:

✅ The 4% rule's real origin story (it was built to avoid failure, not to optimize joy)

✅ The very human tendency to over solve for the worst-case market and under solve for lost health, time, and relationships

✅ Strategies Rachael and Jesse use with their clients to help them spend and not hoard their money in retirement

✅ Why talking through childhood money stories is often more powerful than another spreadsheet.

✅ Debunking the viral "retire later, die sooner" meme and zoom out to what actually affects longevity

✅ A challenge tailor-made for late starters: once the math says you've won, stop buy back your time, and don't die with the biggest net worth of your life.

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📄Debunked: The Later You Retire, The Earlier You Die?!

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The Biggest Retirement Mistake: Over Saving and Under Living | Rachael Camp & Jesse Cramer | 198