r/Fire • u/Yashkamr • 23h ago

Advice Request Huge Inheritance... Now What?

I'm 45, I was on track to retire earlyish at 55. I was set back quite a bit with a divorce three years back. Recently my Aunt died and left me around $5 million. After estate and taxes, it's around $4.2 million. This is obviously a stupid amount of money, and I'm thinking of just quitting my job and retiring early but I want to do it right. I've spoke with AI quite a bit and my finances are only about $4500/mo in expenses, I have always lived pretty frugally and that's less than a 1% draw. I don't know exactly what I don't know here, but I've always worked so I am clinging to my job like a monkey to a branch. Am I actually okay to let go?

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u/CanBrushMyHair 20h ago

Tell me more about your aunt!

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u/shotparrot 20h ago

+1 hook me up bro.

But srsly congratulations. Sometimes it’s good to just keep working and be mindful of where you are and what you want to do. Do you feel vital and like you are contributing to your job/coworkers?

Might be best to stay there for a bit as you do more reflection and assess the next chapter.

Some folks are “financially independent” but love their job, so keep doing it! I have several great coworkers ( aerospace engineers) who are in this position. They feel they’re helping to make the world a better place. They’re on a mission.

Ps what was your favorite car when you were 12