FIREd_2015
Recycles dryer sheets
Came across an interesting article that talks about spending retirement income. "... People have trouble spending their assets, not spending their income. “Once we start viewing money as wealth, as a stock of money and not necessarily as a flow, then we seem to get less happiness out of spending it than we do from money that’s automatically turned into a flow..." "...When retirees spend their assets and see their retirement savings decrease, they become negatively affected. Alternatively, spending income, not assets, has no negative effect on the mental or emotional state of retirees..." The article then talks about some strategies for turning assets into Guaranteed Income. Psychology of Retirement Income Satisfaction