About this episode
Monique aspired to retire early, and while she had faithfully saved throughout her working years, she wasn’t sure if she had enough to retire. After getting assurance from professionals, she took the plunge and quit working. Monique and James talk about the first two years of her retirement – how she’s been able to focus on her health and pursue some hobbies she didn’t have time for previously. Monique also shares some surprising challenges related to spending, travel, and family dynamics. Questions answered: What can retirees who are natural savers (and have more than enough) do to loosen the purse strings and spend more? What does Monique wish she had done differently during her working years in preparation for retirement? Submit your request to join James: On the Ready For Retirement podcast: Apply Here On a Retirement Makeover episode: Apply Here Timestamps: 0:00 - Meet Monique 3:58 - 5 years before retiring 8:03 - Money impressions from childhood 10:47 - Transition to retirement 15:06 - Spending and travel challenges. 20:50 - Family pressure and self-awareness 25:51 - A spending exercise 32:19 - Better physical and mental health 35:53 - Persons and social changes 39:01 - Advice for younger self Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!