Anonymous wrote:
Anonymous wrote:I’m about to receive an inheritance/trust to the tune of around $50k a year. I’d like to invest half, and then use $15k to amplify my annual travel, and $10k to improve my day-to-day life. I’m 45. Everyone I speak to about this feels I should be investing the full amount. I will retire in ten years with a pension and other investments, plus retirement medical benefits, on top of this trust. Is it irresponsible to spend some of this money now? As written in the trust, that is how they wanted the gift to be used.
Retiring at 55 is very unusual now OP. If you want to do that, then I would save 40k for retirement and 10k to make your life better now, including travel.