The Moneyist: I’m 34 and have 5 to 10 years to live — I want to spend $50K on a new kitchen, but my wife is vehemently opposed

Dear Moneyist,

I am a 34-year-old with a degenerative neurological condition that gives me somewhere between five and 10 years to live.

I recently retired on disability from my job and will gross $80,000 a year, 50% of which is tax-free. My wife is a teacher and has a steady career, grossing $68,000 a year. We have no children, and have total savings (retirement and other accounts) of $350,000. We owe $250,000 on a $500,000 home that is in good condition. My life-insurance policy is worth approximately $1 million, and I have minimal health-care costs.

‘While I understand her position, it seems a bit conservative to me and I’m frustrated at her absolute opposition.’

With my limited time left, I want to invest in a new kitchen — both as a gift to my wife and as something positive and new to lift my spirits, since I’m largely confined to our home and spend a lot of time in the kitchen. Given the numbers, I do not see much risk in investing between $50,000 and $75,000 on a new kitchen.