Morning Drive

Why Affluent Retirees Are Afraid to Spend Their Savings

23 min · 11. Juni 2026
Episode Why Affluent Retirees Are Afraid to Spend Their Savings Cover

Beschreibung

The global financial narrative has long warned individuals that they are not saving enough for retirement. However, counterintuitive new research highlights a major structural blind spot for millions of affluent retirees: the real psychological risk is actually under-spending. Independent Financial Consultant James Thomas joins Tim Elliott to analyse how decades of deep-rooted saving habits leave retirees petrified to spend, the broader macroeconomic consequences of capital refusing to flow, and how finding personal passions can help individuals safely enjoy their hard-earned nest eggs.

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