Questions: How long did you shift from savings mode to splurging/spending mode after you retired?
So, retired and FIRED last June 30, 2023.
I have not really spent much money, just ate/cook at home, have not gone out really.
Asked wife if she wants to go out and see the Indiana Jones movie, and she's in no rush. She does not feel it - the weather is also too hot.
So planning to go out next week - have lunch and go see this movie. There's no push on my part, I just like to go to the gym in our community club house, and then couch potato on my 85 inch TV screen, and read stuff and do some house work and lawn maintenance.
I'm still trying to crunch on my Excel spreadsheet how much I could pull and withdraw starting next year from my nest egg, since this year I'm just using my cash reserve. I have no pension and still 2.5 years away from getting social security. So, I need to start shifting from savings to spending. Firecalc says I'm 100% in all scenarios. But still unsure. How long did it take you to be comfy with spending?
So, retired and FIRED last June 30, 2023.
I have not really spent much money, just ate/cook at home, have not gone out really.
Asked wife if she wants to go out and see the Indiana Jones movie, and she's in no rush. She does not feel it - the weather is also too hot.
So planning to go out next week - have lunch and go see this movie. There's no push on my part, I just like to go to the gym in our community club house, and then couch potato on my 85 inch TV screen, and read stuff and do some house work and lawn maintenance.
I'm still trying to crunch on my Excel spreadsheet how much I could pull and withdraw starting next year from my nest egg, since this year I'm just using my cash reserve. I have no pension and still 2.5 years away from getting social security. So, I need to start shifting from savings to spending. Firecalc says I'm 100% in all scenarios. But still unsure. How long did it take you to be comfy with spending?