I have been quilting for years. I will be 80 in September. I purchased fabric before I retired when a local quilt shop went out of business. I still love the fabric. However, the fabric is not always appropriate for the quilt I want to make. it is difficult to find new fabric in colors (other than Kona solids) that go well with them. Fabric colors change. Also, new ideas have come on the market. I prefer to make scrappy quilts. Have to love the charm packages, jelly rolls, etc. for making beautiful scrappy quilts.
When my husband and I set up our budget for retirement we put sewing supplies into the budget. That has worked well. I can purchase what I need and not have to worry about the budget. Just enjoy your retirement. It seems that we are busier in retirement than we were when we were working. Enjoy each day you are given. Thank you Lord for good health and able to do everything I enjoy.