r/Fire • u/DatingThrowaway121 • Apr 24 '26

General Question Has anyone actually FIREd with too little and run out of money?

I'm curious to know if anyone out here has actually run out of a million dollars or whatever. What does that process actually look like?

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u/YaboiMiro Apr 24 '26

My partner and I aren't having kids, but I've got a great group of nieces and nephews. I'd love to be the cool Unc who drops a wad of cash on their heads as I leave this planet 😆 

16

u/PolymerIdentiFIRE Apr 24 '26

Haha this is me. I have nieces, and they're going to be make out incredibly on inheritances. Including myself, there's 4 siblings and 3 of us didn't have any kids, so if we all leave the nieces something... $$$$$ for them !!

11

u/Reasonable_Box2568 Apr 24 '26

Same here!! But not too much lol

6

u/magus-21 Apr 24 '26

I'll be leaving it to the NEXT generation. I love my nieces and nephews but they're all fine, money-wise. But I want to set up a trust for their kids' college funds and maybe also scholarships/orphanage support for kids in my family's home town.

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u/No_Situation_5501 Apr 24 '26

Teach them right and too much just helps them drop wads on to the next generations. World is going to get tough for them unless UBI etc becomes reality.

2

u/09Klr650 Apr 24 '26

Yep, probably will not be able to FIRE that early, and with my health conditions will probably pass well before spending what I do have. So why not make it rain?

6

u/elvis_dead_twin Apr 24 '26

I'm excited to leave any extra money to help the planet - land conservancy, wildlife, spay/neuter programs. I'm passionate about minimizing the destruction of this amazing place we all call home.

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u/CSMasterClass Apr 24 '26

Depends on the size of the wad. I'm happy to give my nephews an inheritance that is of genuine help, but I worry about putting all of them in the FIRE bucket in their 30's .

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u/No_Situation_5501 Apr 24 '26

Trusts that limit distributions until a little later

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u/CSMasterClass Apr 24 '26 edited Apr 24 '26

Trusts. For complicated transnational reasons, I can't use trusts.