
A million dollars used to mean you’d made it. Today, it just means you have enough to worry about losing. That’s why many wealthy retirees follow budgets that look surprisingly normal. They cook at home, they plan their trips and they watch the same grocery prices rise as everyone else.
Their advantage isn’t what they earn; it’s how they think about spending in retirement. That mindset is learnable. Here’s what a frugal millionaire’s monthly budget looks like in retirement, according to experts.