Press

August 30, 2023

Natalie Colley, Lead Advisor at Francis Financial, offers advice on how to transition to a decumulation mindset as you enter retirement.

While at a family function over the summer, I was pulled aside by an older relative who wanted to pick my brain about retirement. Specifically, he was in great financial shape, was able to cover his fixed expenses solely from his guaranteed income streams but was having trouble loosening up the purse strings and spending the money in his retirement accounts.

While certainly not a catastrophic problem, it’s a challenge that is more common than you might think. Which is that, for those savers who did a good job building a nest egg throughout their earning years, it can be difficult to switch from an accumulation mindset to decumulation mode.

Read full article here.