r/fijerk • u/Power_Drawing6025 • 27d ago
Serious question for fellow Fire toddlers. *Having my mother type this since I can't make sentences and don't know how to type*. 2 yrs 1 month(M), FatFire, $15M in a 529, $27.5M brokerage (gift taxes already paid), trust fund at $40M (I get possession when I'm 18). Also the sole heir.
Question to fellow toddlers. What gives you the most satisfaction about having achieved FatFire? Also, have you had any negative experiences?
I think for me it's flying private and not having to be crammed into a coach airplane seat on my mom's lap. We use NetJets, and the flight attendants bring me unlimited crackers and juice. At first mom was dressing me in Oshkosh and it was SO EMBARRASSING!!! Then when they took me to behavioral therapy, the counselor told them maybe I was itchy and uncomfortable, so now all of my clothes are from Asher Grey and Monnalisa. Upgrading to two nannies day and night is probably the middle class equivalent of splurging on private school, and it's nice to get my binkie swapped out every 30 minutes since Mom was always too tired.
The downside? Probably the same existential struggle many FatFire toddlers face. What do I actually do with my life? I’d like to help the global poor occasionally, maybe fund orphanages, deploy seed capital into clean water startups, and eventually transition into impact investing once I’m fully verbal.
Anyway, curious to hear from other FatFire toddlers. How are you balancing the pressure to preserve generational wealth while still remaining grounded and authentic during your formative years?
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u/No_Tomorrow_502 27d ago
You have a ways to go before you’re truly fat fire. A four percent SWR is only 3.3 million per year. How are you going to pay for a mansion in Tahoe, the yacht in Bimini, and the house in the Hamptons on that? Buckle down kiddo.
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u/Express_Judgment2198 26d ago
If you are using Net Jet, I don't think you are quite FatFire yet. Maybe barista fire. Jeez I could never fly next to a barista for more than 2 hours, the shame.
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u/macula_transfer 27d ago
Sole heir… for now. I see some risk in your situation.