Afraid of spending your own money after retirement? Here's how to plan better and enjoy retired life

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Key Points

Even those with adequate retirement corpus, stable investment income or pension, and an otherwise comfortable lifestyle, are unable to make spending decisions..

It might help to develop this interest a few years before retirement, so that it is easy to make the large spending decisions while earning..

Buying that piano, creating that carpentry workshop, purchasing those expensive camera lenses, investing in good quality trekking gear, are all essential spending decisions to pursue these hobbies..

Skimping on household help, giving up the car and driver, failing to attend to repairs promptly, not replacing appliances that dont work, home cooking instead of eating out or ordering in from the many healthy choices, are all routine instances of neglect among seniors..

From frugal to stingy, thrifty to thoughtful, many compromise and cut corners with spending decisions that have the power to make their everyday lives comfortable..