{"id":4625,"date":"2020-07-21T00:00:00","date_gmt":"2020-07-21T04:00:00","guid":{"rendered":"http:\/\/staging-wablog.wiseradvisor.com\/blog\/uncategorized\/transitioning-from-a-saver-to-spender-in-retirement\/"},"modified":"2025-04-07T03:03:36","modified_gmt":"2025-04-07T07:03:36","slug":"transitioning-from-a-saver-to-spender-in-retirement","status":"publish","type":"post","link":"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/","title":{"rendered":"Transitioning From A Saver To Spender In Retirement"},"content":{"rendered":"<p>Studies suggest that it takes 21 days to form a habit. This is why financial advisors often ask their clients to steadily save for at least a month to get into the habit of saving regularly. As hard as it takes to build habits, it is equally tough to get rid of them. When people spend a better part of their lives saving, investing, spending frugally, and accumulating wealth, it is hard for them to transition into a spender when they finally reach retirement. The money that one earns in their lifetime is kept aside for use in retirement. But shedding the personality of a saver and becoming a spender overnight is not something many retirees know how to deal with.<\/p>\n<p><a href=\"https:\/\/www.wiseradvisor.com\/blog\/retirement-planning\/transitioning-from-a-saver-to-spender-in-retirement?kwd=transitioning-from-a-saver-to-spender-in-retirement\" target=\"_blank\" rel=\"noopener\">Read more on wiseradvisor.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Studies suggest that it takes 21 days to form a habit. This is why financial advisors often ask their clients to steadily save for at least a month to get into the habit of saving regularly. As hard as it takes to build habits, it is equally tough to get rid of them. When people spend a better part of their lives saving, investing, spending frugally, and accumulating wealth, it is hard for them to transition into a spender when they finally reach retirement. The money that one earns in their lifetime is kept aside for use in retirement. But [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":4626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[596],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Transitioning From A Saver To Spender In Retirement - Retirement Planning - Blog<\/title>\n<meta name=\"description\" content=\"It is common and understandable for a person to fear running out of their money in retirement. 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The financial anxiety that comes with retirement has troubled many individuals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/\" \/>\n<meta property=\"og:site_name\" content=\"Retirement Planning - Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-21T04:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-07T07:03:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/wp-content\/uploads\/2023\/09\/A-Saver-To-Spender-In-Retirement.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"442\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Retirement Planning Insights\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Retirement Planning Insights\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/\",\"url\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/\",\"name\":\"Transitioning From A Saver To Spender In Retirement - Retirement Planning - Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/transitioning-from-a-saver-to-spender-in-retirement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/wp-content\/uploads\/2023\/09\/A-Saver-To-Spender-In-Retirement.jpg\",\"datePublished\":\"2020-07-21T04:00:00+00:00\",\"dateModified\":\"2025-04-07T07:03:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.retirementplanning.dev-iac.wiseradvisor.com\/blog\/#\/schema\/person\/e1a3b9aa5cc40cd8e791cacf652379e2\"},\"description\":\"It is common and understandable for a person to fear running out of their money in retirement. 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