Learning to draw down
“Shifting from saving to spending was a little nerve wracking the first year, but I got used to it as my portfolio has actually gone up thanks to the market.”
Life at the time
- Began sustained foreign-language study.
- Kept first-year spending below an already reduced budget.
How it felt
- Felt uneasy switching from saving to spending. “a little nerve wracking”
- Decompression from a career took more than a year. “well over a year”
Notes
Explicit retrospective in dated source; year approximate from stated elapsed years.
Money, Psychology, language study and first author reply
Explicit retrospective in dated source; year approximate from stated elapsed years.
Editorial summaries with short, attributed quotations. The original contains the full story.