‘I’m no hedonist’ but I want to build our next home for retirement, my wife says no. We’ve saved $3 million. What should I do?

Dear MarketWatch,

I’m 57 and my wife is 55. We have no children and no debt. We own our house and vehicles outright. My wife is a corporate accountant and earns about $150,000 a year. I recently retired from public service with a pension worth $104,000 a year. Our health benefits currently cost $160 per month and will increase contractually roughly 3.5% every year until Medicare, at which point they become secondary without cost of living adjustments. Our current cash burn is less than my pension and our current savings, primarily…