The Retirement Learning Lab

Permission to Live: Why a $750K Retiree Won't Buy $140 Boots

February 24, 2026·19 min
Episode Description from the Publisher

Send us Fan Mail A 72-year-old engineer with $750,000 saved told me he couldn't afford $140 boots. He owns his home. Has a pension. Social Security. But he's been wearing 30-year-old work boots in his garden because new ones are "too rich for my blood." Sound familiar? If you've worked your whole life, saved diligently, and now feel guilty about actually spending any of it—this episode is for you. The biggest retirement mistake isn't overspending. It's under-LIVING. In this episode, we're tal...

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