My plan is this (if and when I retire) - the first year, I budget for 'vacation expenses' and we normally take vacations around Thanksgiving and Christmas. Now if from January to October, some "really big emergency expenses" appears, we could forgo the year-end vacation if the emergency expenses are too large. In addition to vacation budget, I do allocate for home repairs and expenses. I had to replace a water heater this year ($1,500) and a defective air heater circuit ($700) - this is the most I've spent so far in a year. Last year, we replaced a Washer and got one from Lowes at a discount for less than $500. Two years ago, I spent $300 on a defective built-in microwave (and they had to change some parts and put a surge protector). I think i'm going to budget $1,500 for home repairs each year. If we don't don't have any big emergency expenses, we roll over that money for 'vacation expenses' for next year.
Most of my emergency expenses will most likely come from home repairs. We don't have kids. My Mom is taken cared of - with her savings and social security. Dad passed away 30 years ago.
No to consumerism, Living a simple life, enjoying the experience - not the material stuff