Helping Retired Clients To Actually Start Spending And Enjoying Their Money - Kitces & Carl Ep 178

In this 178th episode of Kitces & Carl, Michael Kitces and client communication expert Carl Richards discuss why some clients ‘underspend’ in retirement – and how advisors can tactfully encourage them to use their wealth in productive ways that align with their values. For more, see https://www.kitces.com/blog/178-micha... and https://www.thesocietyofadvice.com/ How Can Financial Planners Encourage Their Clients To Spend? [00:56] Help Clients Develop Spending Skills With “Experiments” [06:06] Connecting Financial Planning Client Goals To Their Values To Encourage Spending [16:49] How To Hold A “Spend More” Conversation With Clients [25:29]