3 Ways Retirees Accidentally Overspend in Their First 5 Years (and How to Avoid It)

💼 Want expert help in planning for your financial future?

Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg 

The first five years of retirement can shape your financial future more than any other stage. Overspending often isn’t about recklessness, it’s about good intentions made at the wrong time. In these early years, small choices can snowball into big setbacks, from home upgrades to long-awaited dream vacations. In this episode, Scott covers the three most common ways retirees overspend in the first five years, and how to avoid sabotaging your long-term security.

Here’s what we cover in this episode:

🎉 Retirement celebrations that cost more than expected

🔨 Home projects that snowball past the budget

👨‍👩‍👧 Helping kids without derailing your plan

💰 How poorly timed spending can bump your tax bill

✅ Mapping out your first five years so you can spend freely without regret

 

📞 Call us: 913-393-4724

🌐 Visit our podcast website:  https://listentoscott.com/

 

📚🛠️ Check out Scott's book, Exceptional Retirement, and Retirement Toolkit

Download here 👉 https://keap.page/bu413/exceptional-retirement-youtube.html

 

🎥 Subscribe to our YouTube channel for more retirement insights!

🔔 http://youtube.com/@erg-kc?sub_confirmation=1 

 

📰 Read our latest articles on Kiplinger:

https://www.kiplinger.com/author/scott-m-dougan-rfc-investment-adviser 

 

📌 Follow us for expert retirement planning tips!

https://www.facebook.com/elevatedretirementgroupkc/ 

 

#retirement #retirementplanning