You've heard it said a hundred times: Spend the money, make the memories, don't die with regret.

However, for certain kinds of retirees, dying as the richest person in the graveyard isn't a tragedy at all. The comfort of simply having the money can be worth more than anything you'd ever buy with it.

Today, we begin with an article, The Many Utilities of Retirement, which talks about RPIG (the Richest Person In the Graveyard) versus FORO (the Fear of Running Out of money).

It's an interesting look at the juxtaposition.

After that, a question - listener that calls himself the millionaire next door — he'll never spend what he's saved, it's all headed to the kids and grandkids, and yet he still mows his own lawn and changes his own oil. He wants to loosen up and spend a little more… but he also kind of loves the life he's already got. So what do you tell a guy like that? I'll give you my take.

And we wrap up the show with our Retire To Something segment.

Resource:

Article by William Bernstein and Edward McQuarrie: The Many Utilities of Retirement

Connect with Benjamin Brandt:

Subscribe to the This Week in Retirement: http://thisweekinretirement.com
Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com
Work with Benjamin: https://retirementstartstoday.com/start

Get the book!Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement

Follow Retirement Starts Today in:Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart