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Money and Finances
Reply to "New Money Diary in DC - $248k/year"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They have no interest in saving and investing themselves.They spend most of their money and what they get from the parents. I learned nothing unfortunately. I love money stories when I can learn or use something. [/quote] What are you talking about? They have hundreds of thousands saved in 401k and a large inheritance coming. She decided she wants a low stress life with an only child. [/quote] She thinks she has a large inheritance coming but she has no idea if it will be large and when she will get it. It’s quite possible her parents could live for 30 years if they’re late 60s now (if they had her at 28 they would be 67) in which case the OP will be 69 when she receives whatever is left of her inheritance. Unless she has a trust or a pension, she needs a better plan.[/quote]
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