Talking to each other is the best way to boost financial confidence

The advisers I speak to are brilliant at proving what clients can afford to spend. But convincing them to enjoy the money they've taken a lifetime to build is more difficult. We've found that there's a permission problem. Wealthtime's new research, Permission to Spend, shows one in three retirees have missed out on an experience or opportunity because they waited too long to feel financially comfortable. When we asked those holding back what would increase their confidence to spend more, half said a proper conversation with their partner or family. That came ahead of having a separate...