tag:blogger.com,1999:blog-22517597.post2328888207259604472..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: Paying Money OverseasmOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22517597.post-36074323817736994352006-11-01T13:33:00.000+11:002006-11-01T13:33:00.000+11:00PS: My aunt in London who is definitely not rich a...PS: My aunt in London who is definitely not rich at all is waiting to get her share of the money from Germany (twice what I'll get). I think she could really find it useful.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-54860084351325813972006-11-01T13:19:00.000+11:002006-11-01T13:19:00.000+11:00Yes. This money is just the tip of the iceberg. Be...Yes. This money is just the tip of the iceberg. Between my existing retirement accounts and the money I am supposed to inherit I have the retirement problem solved. When I am 60 I will have plenty of money (too much given my frugalness on the consumption side) unless things go every wrong with the world in the meantime. Which is one reason I am not a big fan of retirement accounts. I am a tenured professor so I also have a job for life if I want it. So my financial "issue" is how to become financially independent sooner (I am almost 42 now) - so that is what my blog is directed towards. <br /><br />I am a very fortunate person in this regard. But take the example of my friend in Virginia. He has been pretty much broke all his life - he is now 44. He is about to receive an inheritance of something above $100k or so probably - which isn't very much really. This will finally allow him to buy a house, open a retirement account etc. It will transform his financial life.<br /><br />Some other bloggers such as Claire have talked about inheritance and gifts from family. I think though in most middle class families people are surprised when one day they receive unexpected money. My father's family was once quite wealthy but we grew up very much at the lower end of the middle class. Some day I plan to write some blog posts about all of this.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-87613857682612046062006-11-01T06:16:00.000+11:002006-11-01T06:16:00.000+11:00Is this part of the reason why you asked about why...Is this part of the reason why you asked about why inheritances aren't included in the retirement planning calculator? I know you previously mentioned your mother is comfortably well-off as well.Revanchehttps://www.blogger.com/profile/07293868300535734672noreply@blogger.com