Stop Saving… Start Spending? The 4 Things You MUST Do With Your Money in Retirement
From Joe Knows Retirement by Joe Schmitz Jr., CFP® ChFC® CKA®
April 18, 2026 · 16 min · Season 1 · Episode 267
About this episode
Joe discusses how retirees can shift from saving to spending their money with purpose and confidence.
If you've saved $1M+ and still struggle to spend… this video is for you. Most retirees we work with are what we call "Midwestern Millionaires:" hardworking, disciplined savers who did everything right, but now can't enjoy their money. And that leads to one of the biggest regrets in retirement: Not running out of money… but running out of life. In this video, Joe breaks down the 4 things you can do with your money so you can stop over-saving and start living with purpose, confidence, and freedom. 🎥 Subscribe to our YouTube channel: https://bit.ly/430T9Lv 📚Get a FREE copy of Joe's book "Midwestern Millionaire": https://keap.page/bsd964/midwestern-millionaire-toolkit-podcast.html 🟥 Read our latest article featured in Kiplinger: https://www.kiplinger.com/retirement/happy-retirement/spend-your-retirement-nest-egg-and-drop-the-guilt 📞 Schedule a call with our team: https://peakretirementplanning.com/schedule-a-meeting/
People in this episode
Host: Joe Schmitz Jr.
Topics covered
- retirement planning
- spending in retirement
- financial freedom
- money management
- Midwestern Millionaires
Keywords
- retirement
- spending
- financial planning
- Midwestern Millionaires
- money management
- retirement regrets
- financial freedom
Mentioned in this episode
Organizations: Kiplinger, Peak Retirement Planning
Products: Midwestern Millionaire
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