I saved $3 million but was afraid to spend it when I retired. Here’s how I changed my mindset after being frugal for decades.
During his 40-year career, Scott Scovel saved $3 million for retirement. But when he retired, he was so focused on saving that he struggled to start spending. Spending tactics such as a $50,000 “war chest” helped him adopt a carpe diem approach. I’ve spent a lifetime scrimping and worrying about my retirement portfolio and savings, … Read more