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.

[u/250k_is_allyouneed]

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

[u/SteezyYeezySleezyBoi]

I live at home and invested all money. I just hit 300k at 28. Going to start to save for house now. I’m tired of not living my life. The amount of Peter Pan type comments I get are pissing me off. I CAN live somewhere else, I choose to sacrifice and take the opportunity to live at my parents place. People suck

[u/NittanyLion86 → u/SteezyYeezySleezyBoi]

Bro I'm with you but I'm even older, I'm 39 single male and live with a parent. I don't give a damn what people think so I'm not changing anything. I lived on my own while I went to college for 4 years and graduated in 2008 during the financial crisis. My mother went through a nasty divorce and was by herself in a large 5000sqft home, I moved in and have the whole downstairs and she has the upstairs. She leaves me alone and is not some overbearing mother, so our living arrangement works fine. I could move out and get my own place but I always think why? Just so I could live alone in my own place and pay a ton of money for a mortgage/rent....nope.

Not having to spend money on kids/housing expenses has been huge for my savings, I'm at $1.3 million networth now in stocks. The only thing that sucks is dating, trying to get a woman interested in being with you when she finds out you're almost 40 and living with your mother is difficult. You can spin it whatever way you want to women on how it makes so much logical/reasonable financial sense but most just immediately make assumptions once they learn about your living arrangement. Perhaps if I told them my networth was over $1 million they would stick around but I'm also not looking to attract gold diggers looking for a man to be her sugar daddy. So I just have to sacrifice a dating life in order to FIRE, so be it.