You recently entered retirement and have completed your financial plan. You are thrilled to know that the net worth you have accumulated will support your lifestyle well beyond your projected lifetime of age 100.

Do you say “Yahoo, now we can live life how we dreamed of and start spending!”

Or are old habits hard to break?

The habits you practiced by saving and spending carefully throughout your accumulation years is what enabled you to successfully retire. These habits served you well, so now it might feel like it is in your DNA to be frugal, careful, and practical.

Well, it is not in your DNA; it is a well-honed habit. Consider that these habits need to shift for you to become a “happy spender”. Now is the time to start getting comfortable with a new habit, and a new lifestyle that is centered on (yes) enjoying what you’ve worked so hard to accumulate.

It only takes 30 days to form a new habit, so the only way to get comfortable with this new mindset is to start.

One way to start is to write down a “Possibility List”. Remember all the things you said you would do when you retired? All the possibilities? Start writing these down. For each one, jot down notes of how you would go about taking that trip or doing that activity. If you share the list with me, we can model it into your plan. Then we can decide which ones you want to turn into reality, without fear or trepidation.

Here’s to your new bold lifestyle!