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[quote=Anonymous][quote=Anonymous]i'm 44, I inherited about $130,000 3 years ago and I still can't bring myself to spend it. I put it in the market (most in an index fund and some in a high-risk high-reward tech company).

My husband and I should be fine post retirement with the money we've already saved.

I really don't know how to make the most of it. Should i buy myself a new car? Should i pay for fancy tennis lessons for the kids? Should I take a vacation? Spending is strangely hard. 
[/quote]

The problem is, no one knows how much retirement/end of life care will cost. We’re all much better off saving to take care of ourselves in retirement rather than expecting children or the government to do it for us.

I had parents who saved every penny. They were able to fully financially take care of themselves as they aged. They lived to 86 and 91. One needed Alzheimer’s care for a number of years. It was a true gift to us as their children to know that there was enough money that we had no need to worry. There was a small amount left over at the end to be divided among three siblings.

I hope to be able to do the same for my children someday. 
[/quote]

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