In this episode, Roger Whitney welcomes Michael Easter, New York Times bestselling author of 'The Comfort Crisis' and 'Scarcity Brain.' They delve into the concept of overcoming frugality and the evolutionary mismatches that affect our resource management in retirement. Discover how short-term discomfort can lead to long-term growth, the importance of taking the stairs in life, and the psychological implications of our modern abundance. Tune in for insights that can help you not just survive retirement, but thrive in it!
*Episode originally aired March 27, 2024
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN
- [01:04] Today we have Michael Easter, author of Scarcity Brain, on the show.
PRACTICAL PLANNING SEGMENT WITH MICHAEL EASTER
- [02:20] Roger introduces Michael Easter to the show
- [03:14] The Comfort Crisis falls into the Energy Pillar- building energy so you can show up for your life.
- [04:30] Roger asks Michael what his objective was in exploring the Comfort Crisis
- [09:40] Why is it a bad thing to be comfortable?
- [12:40] How do we start being more uncomfortable?
- [16:11] The Scarcity Brain falls into the Vision Pillar.
- [18:00] Why do we have a constant feeling that we don’t have enough?
- [25:25] Quantifying goals is not always the best thing to do.
- [29:01] Michael defines what the scarcity loop is.
TODAY’S SMART SPRINT SEGMENT
- [33:21] In the next seven days, take the stairs! Do something that most people don't do.
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What is Retirement Answer Man?
A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com