Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I read all the threads on spending more and associated methodology with interest. We spend far less than a “safe” amount according to any calculator - and ‘underspend’ isn’t trivial. Which always leads me to ask myself what would we spend it on? More expensive cars? [-]Buy a boat (again)?[/-] [-]A bigger house?[/-] More/better travel? Dining out way more/better? Way more concerts/theater? Way more/better golf? Way better wines? Since we don’t feel at all ‘deprived’ on any of these categories, it just seems pointless to spend more to us. We have already increased spending on all the above a little. The only category we’ve upped that we could spend more on are charities.
But for those who have successfully ramped up spending substantially - maybe twice as much as a guide, what did you spend it on? I’m not asking about how to spend 5-10% more, that would be easy enough.
Even 10 years into retirement, we find breaking the LBYM habits that served us well during our 35-40 year careers almost impossible to break. That and accounting for some geopolitical black swan…
Yes, we know we’re very fortunate.
But for those who have successfully ramped up spending substantially - maybe twice as much as a guide, what did you spend it on? I’m not asking about how to spend 5-10% more, that would be easy enough.
Even 10 years into retirement, we find breaking the LBYM habits that served us well during our 35-40 year careers almost impossible to break. That and accounting for some geopolitical black swan…
Yes, we know we’re very fortunate.
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