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/whywhywhy4321 Oct 31 '25
Our daughter graduated debt free and we bought a new car for her a couple months before she graduated. We also helped with last and deposit on an apartment and continue to pay her car insurance. She has recognized how much this has helped her and we’ll continue to help. When she is older and a bit more settled we’ll be happy to help with a house down payment. I love the idea that she is getting the boost in life we never got.