Most Canadians With $1M+ Saved Will Never Actually Spend It. Here's Why.

Book a call with me here: https://calendly.com/s-francescut-ipc... Download Your complimentary Retirement Guide: https://Guide.nextstepwealth.ca Many Canadians spend 30 or 40 years building retirement savings. Then something unexpected happens. They retire with enough money. And still can't bring themselves to spend it. Not because they're running out. Because they're afraid they might. In this video, I explain the retirement consumption gap, why many retirees spend far less than their plans can support, and how fear, habit, and uncertainty often prevent people from enjoying the wealth they've spent decades building. Here's what you'll learn: • What the retirement consumption gap is • Why many retirees underspend despite having enough assets • The role identity plays in retirement spending decisions • How loss aversion affects retirement behavior • Why CPP, OAS, and RRIF structures can encourage underspending • Research on retirement spending patterns • Why some retirees finish retirement with more money than they started with • The importance of stress-testing retirement plans • How spending buckets can improve confidence • Why retirement spending should be tied to purpose and goals rather than fear If you're retired or approaching retirement and wondering whether you're being too conservative with your spending, understanding retirement income planning, withdrawal strategies, CPP, OAS, portfolio sustainability, and retirement psychology could help you enjoy more of the life you've worked so hard to build. #retirementplanning #canadianretirement #retirementincome #financialplanning #wealthmanagement #financialfreedom #retirementstrategy #cpp #oas #retirecanada #retirementadvice #wealthbuilding #retirementlife #personalfinance #retirementconfidence #money #financialeducation #retirementgoals #retirementmindset #retirementspending