JustCurious
Thinks s/he gets paid by the post
- Joined
- Sep 20, 2006
- Messages
- 1,396
For those of you who are retired, did you continue to be a net saver? Were you able to turn off that part of your brain which tells you to save and not spend all of your income?
It seems to me that for those of us who LBYM, it becomes such a part of who we are and how we deal with our money that it might be hard to stop saving even if we reach a point where we don't have to save anymore. In other words, we save and LBYM most of our adult lives so that we can be in a position to live comfortably with a SWR. But do we really spend all that we can spend in retirement, or do we keep saving because it is so ingrained in us that we can't stop saving? What is your experience?
NOTE: I just noticed there is a similar thread in "Life after FIRE" called "How to switch gears to spending."
It seems to me that for those of us who LBYM, it becomes such a part of who we are and how we deal with our money that it might be hard to stop saving even if we reach a point where we don't have to save anymore. In other words, we save and LBYM most of our adult lives so that we can be in a position to live comfortably with a SWR. But do we really spend all that we can spend in retirement, or do we keep saving because it is so ingrained in us that we can't stop saving? What is your experience?
NOTE: I just noticed there is a similar thread in "Life after FIRE" called "How to switch gears to spending."