LibraryScenariosWhy retirement triggers unexpected spending behaviors
Scenario

Why retirement triggers unexpected spending behaviors

I have always been careful with money but now that I am retired I find myself making impulsive purchases that I later regret and I do not understand why.

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More people experience this than they realize.

What we've seen

The psychological freedom of retirement can unleash suppressed impulses that conflict with lifetime patterns of financial discipline.

Ideas that help explain it
Worth thinking about

“Where Are You with Money in retirement — making it last?”

If this sounds familiar, the Library can help you find the bigger picture.