I retired at 60 about 15 years ago, never bought any of the “must have” toys, drove my 72 Chevy pickup for about 35 years then bought a used public auction GMC pickup that I still drive.
Own 2 homes (one in So. Cal, one in Nor. Cal) also 2 additional pieces of property, one in Washington state and one in Colorado..
Amazing what you can do with just a normal salary if you don’t party, don’t have to have every “new thing”, don’t eat out every night and don’t try to walk around playing “mister big shot”.
I bought the Washington property for 11k, was just offered 350k for it, bought the Colorado property for 9k and was just offered 275k for it.
Told both companies when they get to 500k we MIGHT talk.
Currently have NO DEBT!
My wife tells me that we now have money coming out our ears after a lifetime of being careful with money, frugal practices, and conservative investment.
When I die nothing goes to my kids (they both got a full ride to college from me), they have to earn their own.
My trust says everything goes to MY WIFE and then to any of my dogs that survive me.
You choose to leave your inheritance to your dogs rather than your kids? Something’s wrong there…
Your dogs, sadly, are unlikely to appreciate the windfall, but I'm sure the caretaker for your dogs will buy some nice things with the money you aren't leaving for your children!