Spending confidently in retirement is not always what one thinks of when retiring. Recent research suggests less than half of retiree’s plan to spend down their savings. Jacob Schroeder, Kiplinger’s Personal Finance, wrote an article about how to spend savings confidently. In it he discusses research showing not only were retiree’s not spending down but some hope to increase their savings.
Retirement is a significant life transition that involves more than just financial adjustments. It’s a time to redefine one’s identity, embrace new possibilities and cultivate a more comfortable relationship with money. Accepting uncertainty and focusing on what can be controlled, such as lifestyle choices and spending habits, can lead to a more fulfilling retirement. It’s also a period for self-discovery. One can explore previously sidelined passions and align spending with personal values and aspirations. Building emotional resilience through mindfulness and social support can aid in adapting to these changes. This allows retirees to find joy and purpose in this new chapter of life.
Last, redefining the role of money in retirement can lead to a more fulfilling post-work life. By focusing on the positive aspects of spending, such as the joy and convenience it can bring, retirees can overcome the negativity bias that often clouds financial decisions. This positive reframing encourages viewing money as a tool for enhancing life experiences, whether through personal enjoyment or the well-being of others. Reflecting on the emotional value of expenditures, rather than solely their monetary cost, can foster a healthier, more contented approach to managing finances in retirement.
Spruce Point Patio Homes: Spending Confidently in your Retirement
Spruce Point Patio Homes offer newly designed floor plans designed for a simplified lifestyle and part of Cobble Creek Golf Community perfect for retirement living whether you golf or not. Three models are available with one of three exterior elevations and four garage options. There are a variety of current, professionally-designed interior finish packages from which to choose. The “Lock and Leave” feature takes care of lawn maintenance and snow removal. Enjoy an active living lifestyle now with the ability to age in place in the future. Come see the wonderful options available in Spruce Point and see how affordable these homes really are.
About Homes at Cobble Creek. Colorado Golf Course Homes for an Authentic Mountain Lifestyle
A resort-style golf course community located in Montrose, Colorado, Homes at Cobble Creek features new home construction as well as available homes. These active living retirement homes offer not only premium living and conveniences but also a beautiful Colorado mountain setting. Our carefully planned neighborhood with resort-style amenities offers a variety of recreational activities, in additional to an 18-hole golf course. There are pickleball and tennis courts, and walking trails in addition to nearby fishing, hiking and skiing.
Nestled at the base of the beautiful San Juan Mountains of Colorado, our residents enjoy a multitude of outdoor activities. Start your day biking Gunnison Gorge National Conservation Area coupled with an afternoon of hiking Black Canyon National Park. In winter ski Telluride or Crested Butte resorts and the following summer fish the local rivers after the snow melts. The Cobble Creek Golf Community is an ideal choice as a Montrose retirement community. Members can walk easily to the Clubhouse for Happy Hour or dinner. Participate in parties and parades in addition to enjoying the fitness center, or one of many clubs offered.
At Spruce Point Patio Homes in, you will find homes in the planning stages as well as newly completed. There is a streamlined design process to help you configure your own new house. There is a variety of home options, as well as styles, and prices to fit your vision and needs. Come visit us today and learn more about the exciting active-living lifestyle options available at Homes at Cobble Creek. Contact Madison about Spruce Point Patio Homes at 970-275-0662 or complete the Contact Us form.
