How Much Money Do You Need to Retire? Real Calls on Inheritance and Spending

How Much Money Do You Need to Retire? Real Calls on Inheritance and Spending

From Money Matters by Allworth Financial by Allworth Financial

May 9, 2026 · 35 min · Episode 526

About this episode

Scott and Pat discuss financial planning for retirement, inheritance, and spending habits with callers.

A good financial plan isn’t just about retirement—it’s about how all the pieces of your financial life fit together. In this episode of Money Matters, Scott and Pat talk with a caller who already has about $2 million and expects a much larger inheritance—but still struggles to spend any of it. They walk through why that happens and how a financial plan can help ease into actually using the money. They also take a call from a high-income couple earning around $600,000 a year. Even with strong savings, there are still areas being overlooked, so Scott and Pat explain what a complete financial plan should cover—from retirement to insurance to college planning—and where people often miss. It’s a reminder that a financial plan isn’t just about how much you have—it’s how everything fits together. What You’ll Learn:-Why having millions doesn’t always make spending easier-How to start using wealth without feeling uncomfortable-What high-income families often overlook-How to think about retirement when income is strong-What a real financial plan actually ties together Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat…

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Hosts: Scott Hanson, Pat McClain

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Organizations: Allworth Financial

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