I have not had to budget for vacations in the recent past, as they just seemed to work into the monthly expenses, without causing any significant disruption in cash flow or savings plans.
As I approach part time status slated for 1/1/18, I am having some trepidation about taking one of the bucket list trips. The time window opened up in December for a potential week in southern Spain, and I have all the details in place, but I am having trouble pulling the trigger.
I wonder if this is a harbinger of internal conflicts to come, as one can always talk one's self out of a discretionary item or activity as being unnecessary, imprudent, and or frankly unaffordable, given one's circumstances, especially when the income is decreasing and one approaches retirement. A year ago, I would have been all over this trip. The trip is not inexpensive, but will not materially alter any other plans or goals.
So how does one prepare the mind to accept the life of much lower earned income and the transition away from being a net saver, even when the math seems to back you up.
As I approach part time status slated for 1/1/18, I am having some trepidation about taking one of the bucket list trips. The time window opened up in December for a potential week in southern Spain, and I have all the details in place, but I am having trouble pulling the trigger.
I wonder if this is a harbinger of internal conflicts to come, as one can always talk one's self out of a discretionary item or activity as being unnecessary, imprudent, and or frankly unaffordable, given one's circumstances, especially when the income is decreasing and one approaches retirement. A year ago, I would have been all over this trip. The trip is not inexpensive, but will not materially alter any other plans or goals.
So how does one prepare the mind to accept the life of much lower earned income and the transition away from being a net saver, even when the math seems to back you up.
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