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[quote=Anonymous][quote=Anonymous]Wondering this myself.  We've always been savers. Spouse retired and I'm eligible.  However, we are both just having a hard time thinking we will ever spend any of our savings - and between retirement accounts and outside savings it's significant.  Given we have pensions that will cover our very frugal spending, it truly is a psychological hurdle we both need to get over.  My parents both died young, spouses parents never had much (both Depression era).  Would love to hear others take on this.
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We're also savers and are not yet retired, but getting there soon. One way we are preparing has been allocating amounts of our assets to specific purchases in our overall accounting. So we have an earmarked amounts for car replacement, home renovations, travel, long term care, medical, dental etc. rather than a big bucket of savings.  For us, just seeing the accounts listed that way psychologically tells us-" that money is designated for travel, it's okay to spend." There's still a big bucket that is our general savings, but we're psychologically moving parts to planned expenses that are not our basic bills income stream.
The hope is that if we see the planned expenses categories there long enough it will feel natural to spend them that way.  Kind of like paying for kids' college with college savings didn't feel like we were spending down 'real' savings.[/quote]

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