In a small pot, bring milk and 6 tablespoons water to a boil over medium heat.
Add oats, cinnamon, and nutmeg, Reduce heat to medium-low and simmer until liquid is absorbed, about 7-10 minutes, stirring occasionally.
Once the liquid is absorbed, stir in pumpkin, almonds and (optional) sweetener; set aside.
Combine 1/8 cup water and protein powder in a separate bowl. Mix with a fork until protein is dissolved. For a smoother consistency, mix powder and water in a blender or food processor and blend until protein powder is dissolved. If sweetener is desired, choose your favorite natural sweetener, such as stevia.
Pour protein powder mixture over oatmeat and serve.