Husband's financial anxiety

Hi Firey Femmes!

I (41f) could use some help in addressing my husband's (43m) financial anxiety- and to gut check my thinking.

We are both frugal, have saved aggressively, and generally have similar mindsets around spending, so finances have not been a major issue in our 15 years together. In the last year I made a big jump in my career and am making almost double what I was before. During that same period, he was laid off and has not been able to find work (tech).

Because we've saved so aggressively and because of my income jump, we are financially fine without his income (of course there are other considerations, mental health, etc- but financially we are just fine). By the end of this year, we are on track to have $1M between our 401k, Roth IRA, brokerage and savings (750 retirement, 250 brokerage/savings). We live in a MCOL city and have no kids, just a very spoiled dog. Our expenses are about $60k/yr.

I would like to shift from such aggressive saving into more spending, even on just my income. Right now, we're saving 45% of my income. We're not unreasonably frugal and are able to meet our needs just fine. My biggest goal in loosening up the purse strings is to travel more.

With $1M saved, we are more than on track for retirement and are solidly coastFI. I'm not suggesting that we stop saving all together, but to reduce to Roth IRA, 401k to match, and $1k to brokerage per month. This would take us down to a 20% savings rate.

He does not agree that we are in a comfortable place with our savings. He's worried about the AI bubble popping and a recession worse than 2008 with no recovery. He'd rather play it safe and keep aggressively saving. I agree that there is likely a downturn coming, but our timeline for retirement (15-20 yrs) is long enough that I believe there will be a full recovery by the time we need to access those dollars.

He is generally an extremely anxious person, so I'm not surprised by his response, but frustrated that no amount of math, historical returns, imagining a future state, etc is convincing. I'm also trying to be sensitive to the fact that he is in a really frustrating spot with the job search. But I worry that even once he finds a job, there will be other reasons we can't travel right away (lack of PTO, anxiety that he'll lose the job, aging pet, etc).

Does anyone have suggestions for how I can help my husband get on board with spending more? Logical, philosophical, or any other approaches are all welcome.

I also welcome feedback checking my assumptions or telling me I need to be more patient.

Thanks in advance!