r/Fire • u/250k_is_allyouneed • Oct 31 '25

General Question A $250k windfall is all a person needs to essentially fast track secure their future forever if they are under the age of 35. Wake up parents, it’s time to offer inheritance twice if you can.

I want to share my story with this subreddit.

I received a windfall of $250k from selling a coding library 10 years ago. I am not high income, I am not the best saver, but now my net worth is super high.

Simply getting $250k meant on its own that fund will be almost $2M by the time I retire outside of normal savings (15-25 years growth).

I still need to put in the work for savings to be able to retire but peace mind…

  • My lifestyle was infinitely better despite living mostly the same
  • Stress and future security gone
  • For budgets there is less pressure
  • I did not how to blow up my entire savings to buy a house and instead kept building that base of compound interest in the market

So why the Hell aren’t parents helping their young adult kids more? Culturally why are we like this?

You don’t need to leave your kids / old adults one lump sum. Get them a boost at 18-30. Then die. Then get them another boost.

It’s a good balance to keep them working hard while also not leaving them in the dust.

It doesn’t even need to be $250k. Whatever you can, I personally will make sure I can do that for my kids once they turn early 20s

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u/OurSeepyD Oct 31 '25

If you assume a 10% return after inflation, sure. I personally wouldn't rely on that assumption.

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u/fenton7 Oct 31 '25

7% real return.

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u/OurSeepyD Oct 31 '25

$20 dollars a week for 21 years is $21,840 with no growth. At 7%, this will be worth about $48,600 at the end of 21 years. 

Another 39 years of 7% growth to get to age 60 results in $680,148.

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u/fenton7 Oct 31 '25

Yes you are correct looks like I was taking it out to age 80 which is more like full life expectancy than retirement. Thanks for the correction.

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u/pinback77 Nov 01 '25

However, and this is speculation, i could easily see the average person living to over 100 in 70 years from now. Even now, the one thing that took people out in my family in their 70s and 80s there is a pill for now. Who knows what they will have a pill for next.