46-Year-Old With $2 Million Net Worth Struggles to Spend Savings

A 46-year-old husband and father of three posted on Reddit that he finds it difficult to spend money despite having roughly $2 million in net worth outside his home, no debt, a paid-off house and paid-off cars. " The post noted that he paid his own college tuition while working 60 to 80 hours per week and has maintained an extremely frugal approach since then.

The man stated that his family takes several vacations each year, but most are domestic or to lower-cost destinations. He said the prospect of spending $5,000 on plane tickets for a trip to Europe or Japan often leads him to postpone such plans.

Commenters suggested the issue was not affordability but the challenge of changing a lifelong identity built around saving and financial security. One commenter wrote, "There's a difference between being financially secure and needing to feel financially secure.

One is a condition. The other is an identity. " Other commenters shared accounts of parents or patients who delayed travel until retirement and later faced illness or death before using the savings. One wrote, "My dad died not even a year into retirement.

He never enjoyed 60+ years of saving.