I was shocked when we consolidated all our assets. I immediately gave a years notice at work. Also, my income in retirement is more than when I was working. I splurged on streaming services. I am subscribed to almost all of them.
I was (not) surprised to find there are therapists who focus on helping seniors let go of their money.
Yep! After many years of saving it becomes a habit.
Wifey reminds me often that I need to “Open the faucet!”
” my income in retirement is more than when I was working”
I assume this is due to good investments on your part?
Taken as a whole, including my VA benefits, I think my income (all SS) is better now than when I last worked. I did have a few years with slightly higher income, but one of 4 different employers (owners of the company) screwed that one up. I retired at age 75. Glad to at last be away from the headaches of my job in a service industry. That was for the most part one big headache I would never voluntarily go back to, alth as I had said, there were a few good years that included slightly better pay. I also think I am on the lower scale of SS income, altho am not certain of the guidelines of that payscale currently.
That’s also when you have to start dealing with Required Minimum Distributions (RMDs) on your 401Ks, which can bite you with a big tax bill if you don’t plan ahead.