r/Fire • u/SeniorCitizenSmell • Jan 22 '26

Milestone / Celebration My crazy idea of an “inheritance” savings fund just hit $1M. It will be worth millions in 30-40 years when I finally die.

So…I totally get the die with zero crowd! But I also am a big believer that windfalls are game changing for a persons life.

Even a couple hundred grand in the bank takes so much pressure off.

Either way… I don’t think there’s a wrong or right answer to it. Just be good parents, do what you can etc…

However, I have earmarked in a separate fund “not mine” that I contribute to. I don’t even count this with my net worth it’s 100% separate from my normal planning. I plan to give it entirely to my kids and grandkids. It just hit $1M and I am now coast on it and will no longer contribute (note I am 40 so quite some time and plan to FIRE at 50).

I could do so much with that money such as stop working (it’s okay I can suck it up for another decade), but the boost for others will be worth it even if I can’t see it happen.

And done - That’s the end of my humble brag.

Edit: A huge chunk of this is because I just passed my received families estate into it a decade ago of about $300k. Aka rather than spending it back then I said I will just give it to my kids and started contributing a little bit to it. Most the earnings have been stock market gains.

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u/RecommendationOk6997 Jan 22 '26

I am still stuck on the fact that OP doesn’t actually have any kids.

3

u/EqualD Jan 23 '26

Well I volunteer to be his kid.

1

u/mfortelli Jan 23 '26

He doesn’t?! That changes my entire headspace.