Reply to Did you inherit a large amount of money (>$2 million) mid-career?

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[quote=Anonymous][quote=Anonymous]Yes. I inherited about 5 million approximately eight years ago. It is now closer to 7. I’m 40.

I left my corporate job and now work at a nonprofit. I actually still make a decent salary (95k) but do not worry about money. I am a diehard WOHM and believe that every educated woman without  major health issues and/or other debilitating situations should work. I’m aware that I am lucky to work at a flexible job that pays decently and make you feel good about what I contribute to the world. That said I did not earn this money and would not quit to rely on it.

My husband and I bought a $1 million house in cash and have comfort in the fact that our retirement and children’s college funds are completely funded. [/quote]

I should also add that my parents did a phenomenal job of not showing us how much money they actually had. My father died in 2005. My mother was worth about 10 million at her death in 2010 and that year there was no federal estate tax so my brother and I inherited about 4 1/2 million dollars each after state taxes.

I would like to raise my family the same way and hope that leaving my children some money will allow them the comfort and stability as well as good sense that my parents instilled in us.[/quote]

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