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Reply to "Does your social circle have a lot of family money/trust funds? "
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[quote=Anonymous][quote=Anonymous]I had a trust fund for a bit, but my parent decided to empty it before he died, giving the money directly to me and silbing. We now have inherited an add’l $1m in retirement accounts. I know you all are talking about double digit millions, we were no where close to that, but still it’s been huge for us. We two nonprofit workers earning less than $300k. Lm[/quote] A simple $1M is live changing for most people! Even more so for someone like you--in careers that simply will not have major salary increases beyond where you are at. Having it in retirement funds allows you to take that vacation now, knowing that you are on track for retirement and can save $5K less this year if you desire. [/quote]
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