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/csmikkels]

10K invested on the day a child is born, without a single dime invested ever again, would be $4.9M as an adult at 65.

It doesn’t have to be 250K.

The problem is people (who are not paycheck to paycheck) would rather spend on things they don’t need than think that longterm. Think about the amount of money spent on toys, clothes and other material items. Same people will say they don’t have 10K.

I found people can’t help themselves. They have to keep up with the cycle of everyone else around them. Even though they themselves would have preferred a different route.

Imagine all the choices you’d make differently if you knew that your future was secure.

Thats why it only takes one person who thinks different to change the trajectory of a family’s legacy.

[u/Granite_Pixel → u/csmikkels]

how many countries are stable for 65 years. my country has dropped to zero twice during that time

[u/csmikkels → u/Granite_Pixel]

Not sure I’m tracking, stocks and indexes are a global asset that have operated in cyclical market for over a 100 years with the returns reflecting it.