No on the bigger house or fancier car. Nor are we into cruises, luxury resorts or far-flung destination travel.1) Buy a bigger house, fancier car, more travel, etc.
I have increased my travel to hobby-related events. Now, I stay for 1-2 nights for events that I did as long day-trips in the past, and travel further to places that I would not have done as day-trip previously. I've also upped my accommodations from Motel 6 / Super 8 / Days Inn level to Hampton Inn level. Nevertheless, I'm still likely to walk over to a nearby supermarket to pick up a sandwich or microwave entree to take back to my room for supper. I'm just not a "foodie".
Basically, I just let my AA drift (mostly) upwards, without rebalancing.3) De-risk AA.
4) Add-risk to AA to try to get even richer.
This. Our combined Social Security covers our current living expenses, and we have a large cushion for new cars, healthcare, future CCRC (in 5-10 years or so), etc.5) Just enjoy having a big "buffer", just-in-case.
Our "extra" money doesn't burn holes in our pockets. We have a general lifestyle that we're comfortable with. If we see a need, or a serious "want", we'll spend for it. But we're not looking for excuses to spend money just because we have it.
Statistics: Posted by 22twain — Fri Nov 01, 2024 12:55 am — Replies 119 — Views 11199