Does Spending Money Make You Uncomfortable?

We constantly hear that Americans are not saving enough for retirement. In fact, the constancy of the message likely causes worry for even the best of savers.

These are the folks who reach their final years with a big portfolio wishing they’d traveled more, retired earlier or given more during their lifetime.

Often, savers can find it difficult to spend joyfully.  Here are some reasons why:

Some are naturally more conservative than others.

Growing up with little money impacts current feelings on spending.

Retirees can find it difficult to start spending from their nest egg after a lifetime of building it.

Others in retirement worry about exhausting their savings.

Many are simply unsure of how much they can afford to spend.

A good financial advisor knows you, your hopes and dreams as well as your doubts and fears. He or she will help you develop and continually refine a plan that reflects the important goals and priorities in your life, both for today and for your future. When you are confident that you are on track to accomplish the things that are most important to you, whether it’s being in a position to not have to work after a certain age, taking more family trips or making sure that your money lasts as long as you do, you can be free to truly enjoy spending money; even if you are a saver.

Geoff Hall
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My wife, Crystal, and I have been married for eight years and have two kids, Cooper (6) and Rhodes (4.) When I’m not spending time with them you might find me downtown serving at our church, pushing my limits during a mountain bike ride or having coffee with a friend in the Five Points area. I've been practicing wealth management for 24 years and I'm thankful for the privilege of shepherding my family of clients through the ups and down of the markets and of life for that matter.