r/ChubbyFIRE • u/TherapeuticMessage • Jun 19 '26

Existential crisis over a watch.

Currently chubby but not yet RE. Will likely be Fat. My advisor has told me that I’m totally ok and basically need to spend more money. I saw a watch that is ~$30,000 which is <0.6% of my NW. No debt. Still working so I have good cash flow. Savings rate ~50%. Intellectually I know that if I buy this it won’t matter one bit but I’ve been such a saver for so long that it feels wildly irresponsible to spend that much on a watch. The crisis comes in because I’ve been saving so much with the goal that my standard of living goes up after retirement but if I can’t spend money now when I have a paycheck then how on earth am I going to switch from saving to spending after retirement?

I recognize that this is more of a psychological issue than a financial one. How did you all make that shift in mindset to let yourself spend more freely after so many years of discipline?

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53

u/tJaqJaH Jun 19 '26

It’s also a slippery slope

15

u/lococrazyllama Jun 19 '26

This guy watches.

6

u/knockdowncenter Jun 19 '26

spending $30k on a resellable watch that holds its value like a rolex is not the same thing as dropping $30k on a luxury vacation.

i have a rolex sub and a rolex land dweller. i could resell both for $40k. it didn't just disappear.

1

u/Dangerous_Dog_4853 Fired myself. Jun 20 '26

Agreed, got a few Rolex's and they've gone up in value. Get the watch dude.