Many wealthy individuals grapple with spending anxieties rooted in past financial hardships. A Reddit user, with a net worth of $11 million and an annual spending of $350,000, questions if this is reasonable. While they can afford their lifestyle, the article emphasizes that comfort with spending hinges on personal financial goals and priorities. It's suggested that understanding one's financial status and being mindful of spending can alleviate worries associated with money and retirement.
The amount of money you feel comfortable spending should be based on your priorities and goals.
Being more mindful of your spending could help you better get on board with it.
The reality is that because this poster isn't stating that they plan to stop working, they should probably already be in a place where they feel like they can stop worrying about money.
If the poster wants a $15 million nest egg, their spending habits will need to align with that goal.
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