👥 Want to schedule a consultation? Click here: https://www.thepeakfp.com/free-consul... Retirement Pitfall: The "Permission to Spend" Problem If you liked this video, subscribe to the channel @EricAtThePeakFP Eric Amzalag, CFP®, RICP® _ _ Read a Sample Financial Plan: https://www.thepeakfp.com/blog/sample... 💥 Additional Popular Retirement Videos 💥 1️⃣ Protect Your Retirement Portfolio from Sequence of Returns Risk • Protect your Retirement Portfolio from Seq... 2️⃣ Asset Allocations are a Scam... • Asset Allocations are a Scam... #retiremen... 3️⃣ How Much Money Do You Need to Retire? • How Much Money Do You Need to Retire in 20... 4️⃣ Retirement Plannings Missing Phase • Retirement Planning's Missing Phase - Don'... 5️⃣ I spent HOURS testing retirement portfolios. I learned these secrets! • I spent HOURS testing retirement portfolio... 0:00 Intro 00:30 The "Permission to Spend Problem" in Retirement 00:54 How Claiming Social Security Earlier Can Improve Comfort with Spending 02:30 The two "purposes" of money 03:15 The consequences of the "permission to spend" problem Disclaimer: Please consult with your own tax, legal and financial advisors for personalized advice. #retirement #retirement #retirementplan #retirementincomeplanning #retirementincome #fiduciary #financialadvisor #financialadvice #feeonly #feeonlyadvisor #feeonlyfiduciary #financialplanner #certifiedfinancialplanner