Bill Van Sant has seen it many times among those he has helped with retirement planning. As a managing director at Girard, a Univest Wealth Division, Van Sant has worked with retirees who are sitting on piles of cash but are afraid to spend it.
There’s the one client who kept pouring money into an old car even though he could afford a newer one. Or the clients who planned to travel in retirement but kept putting it off out of fear they would outlive their savings, only to suffer an illness or medical condition that prevented them from realizing their dream.
