Curious what y'all think - what would you do (career pursuit, etc.) if you had a HNW from inheritance (e.g., 2-3m+)?

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You need to work. You should aim to pass down $2-3M+ to each of your kids (the same amount you inherited). It pisses me off when people think their inheritance is theirs to spend (you didn’t earn it) and it should be a safety net to continue passing down and provide your children with a comfortable and stable childhood and you should live at the means that your job affords

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I personally think it’s greedy and undeserved to spend significantly more than you make. Am I wrong?

Id work and do something that I enjoy. Also would not play the office politic game.

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You can realistically only expect ~100k per year from that in returns so I’d probably just spend an extra $50k per year and leave the rest to grow for retirement. Not having to save anything for retirement would be the primary benefit

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Using my lifestyle as an example that would sustain me for 20-30 years. So I will invest all of it. And then save another 2 million or so and then retire at 40 (or whenever net worth reaches 5)

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Move to a nicer neighborhood, fund 529 accounts for private K-12 for each of my kids, max out 401k contributions, set up charitable trust, and start a brewery

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I’ve heard this a bunch of times it shouldn’t drive you crazy. Pretty sure my mom inherited about $5m. Which today probably equates to closer to $6/7m. She and my dad worked middle class jobs (and she worked part time 2 days a week when kids), and we lived a slightly upper middle class lifestyle and invested wisely. So I am biasing my answer on that (above). But I think that’s the proper approach.

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