David Hasselhoff is done throwing his money away!

The 63-year-old actor has been paying his second ex-wife, Pamela Bach, $21,000 a month in spousal support since their divorce back in 2006 — but may not be for much longer!

According to TMZ, the Baywatch star has asked a judge to cut off Pamela's alimony so he can start saving up for his near retirement.

david hasselhoff pamela bach getty images

David and Pam in 2005.

David allegedly told a judge that Pamela, 52, hasn't made any efforts to monetarily support herself over the past 10 years. Furthermore, the actor claimed his monthly income of $112,000 is not enough to support both himself and Pamela going forward.

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The former couple were married from 1989 until 2006, and are parents to two daughters, Taylor, 25, and Hayley, 23.