Discover how to overcome emotional roadblocks and build confidence in your financial decisions during retirement.  In this episode, Joe Curry speaks with Dr. Meghaan Lurtz, a professor at Kansas State University, researcher, speaker, and contributor to Kitces.com.  They discuss financial behavior in retirement, spending psychology, and how to align your money habits with your values for a more fulfilling retirement lifestyle. Learn practical strategies to shift from saving, to intentional spending—without fear or regret.

Financial Psychology for Retirees, with Dr. Meghaan Lurtz
Behavior drives outcomes. In this lively episode, Dr. Meghaan Lurtz and Joseph Curry dive into the psychology of retirement—money scripts, spending confidence, couples’ money talks, and values-based decisions—so you can turn decades of saving into a life you love. Listen now.
Retirement Planning SimplifiedJoe Curry

Key Takeaways

·         Emotions Drive Retirement Decisions More Than Math: Financial planning isn’t just about spreadsheets—it's about identity, fear, freedom, and behavior. Understanding how you feel about money is essential to making confident retirement choices.

·         Spending in Retirement Requires a New Skillset: After decades of saving, learning to spend—without guilt or anxiety—is a psychological shift. Start with small experiments and grow your comfort level over time.

·         Financial Conversations with Partners Are Crucial: Couples often enter retirement with very different money stories and beliefs. Using tools like nonviolent communication and "money dates" can build understanding and reduce conflict.

·         Supporting Adult Children Requires Balance: Emotional urges to gift or help family members financially should be weighed against long-term retirement sustainability. Involving your advisor early creates room for strategic, value-aligned decisions.

·         Advisors Support More Than Just Your Portfolio: A good financial planner helps with emotional clarity, life transitions, and spending confidence—not just investment returns. Their support extends beyond numbers to your overall well-being.