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[quote=Anonymous]I don't have a trust fund, but a few years ago, in my late 30s, I sort of received one as my parents gave me 300K toward a home purchase (in addition, I kicked in 500K).

I also learned a few years ago that I will have a large inheritance when my parents pass - I am the only heir. I am guessing it will be between $3-10M, but I really don't know how much.  And some of the money will be set aside for me to give to charity which I am really looking forward to.  Assuming there's enough to live on indefinitely which my parents say there will be, I am hoping to retire after my parents pass, pay off my mortgage, and begin a new "career" of volunteering and giving money to charity.  I also have a special needs family member that will need care, and there will be a special needs trust for her, so I will likely have a significant role in that.

We are a pretty frugal family (I babysat growing up too) and I have learned that those habits and values die hard.  Heck, I shop Craigslist and Goodwill, and my mom has a Lexus but loves to shop at the thrift store.  I don't see myself doing anything crazy when I inherit, and I would feel terribly wasteful if I did.  The biggest things I want to spend money on when I inherit are paying off the mortgage, renovating the kitchen, and adding a small addition to the house.  Maybe a nice trip annually or biannually, but that's about it.

I am also still saving for my own retirement, but not as aggressively as I did before.  I used to max the Roth IRA and do 10% in the 401K.  Now I max the IRA and do 6% in the 401K.  [/quote]

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