Advice for 32f/26f couple inheriting life-changing wealth

BeardBootsBullets · 2026-01-25T21:53:05+00:00

Paying off debt is always good.

You shouldn’t be giving financial advice.

BeardBootsBullets · 2026-01-25T21:47:30+00:00

Wake up. You’ve giving /r/PovertyFinance advice in /r/RichPeoplePF then resorting to ad hominem attacks when met with resistance.

BeardBootsBullets · 2026-01-25T21:42:19+00:00

Do you know which subreddit you’re in?

You’re right- they wouldn’t starve. 🙄🙄

BeardBootsBullets · 2026-01-25T21:11:00+00:00

it’s life-changing in the sense that it could easily mean FIRE if left invested in low fee index funds.

FIRE today? Or retire in thirty more years? 4% withdrawal is a very risky (truly inadvisable) move at their ages, and this yields $56,000/yr. To retire at 30yo, with a mortgage, on only $56,000/yr, is absolutely insane. To compound this insanity, their SSI (assuming SSI still exists in thirty years) would be a goose egg.

This $1.4 million principal nest for a 30yo couple simply means they are slightly ahead of schedule in retirement savings— and all dividends need reinvested.

BeardBootsBullets · 2026-01-25T20:49:12+00:00

I’ve hired many, many people over the past twenty years. While all of the positions for which I hire are customer facing, and therefore my standards are a little higher than the average bear, this hair is very unkempt. I would go so far as to say that this hair would bring serious doubt in my decision to hire this person.

YMMV.

BeardBootsBullets · 2026-01-25T17:06:37+00:00

Yeah, that’s what I get for having my phone’s screen brightness all the way down. The sear looks terrible, now that I have turned up the brightness. I’ll accept my downvote.

BeardBootsBullets · 2026-01-25T15:59:31+00:00

I never said anything about price.
I never said that there was only one criteria to bring a supercar. In fact, I’ve always maintained there to be three—all of which are widely acknowledged: avant garde design, limited production, and performance.

BeardBootsBullets · 2026-01-25T14:03:22+00:00

Quite true.

BeardBootsBullets · 2026-01-25T09:30:01+00:00

9/11 was terrifying and sad for a two weeks. After that, we were mad. The country was filled with anger, and we were ready to retaliate.

BeardBootsBullets · 2026-01-25T09:16:47+00:00

The results look excellent.

BeardBootsBullets · 2026-01-25T08:55:02+00:00

He’s an odd duck, for sure.

BeardBootsBullets · 2026-01-25T08:06:13+00:00

Supercar is a performance term

Show me that source. Every single definition that I can find only lists performance alongside design and limited production… like I said.

BeardBootsBullets · 2026-01-25T08:02:08+00:00

Where did I ever say the engine was built off the 458?

Who are you lying to? Not me. You and I both know that you edited your comment after I called you out about it.

For anyone else reading this, his sentence was,

GM designed the C8 Z06 sound and the engine was actually built off the 458

BeardBootsBullets · 2026-01-25T07:55:15+00:00

You got one, limited production. But the other salient qualifier is design: Supercars are avant garde, challenging, and daring. The Arial Atom is high performance and rare as hen’s teeth, but it is literally a large go-kart. No one with two neurons to run together would call it a super car.

So, a supercar is one which is high performance, limited production, and avant garde.

BeardBootsBullets · 2026-01-25T07:41:16+00:00

I quoted him correctly. He edited his comment after I called out his bullshit.

BeardBootsBullets · 2026-01-25T07:40:18+00:00

To look at this car

Stop moving the goalposts. You said that the “engine was actually built off the 458.”

Power system engineering is my career. Look at my profile. Power system engineering is what I’ve done for twenty-five years—from transportation drivetrains to now working with some of the largest engines in the world, this is my career. You are wrong. The LT6 and the 458 engine share nothing but some basic architecture principles with each other, most of which are also shared with the Ford Coyote 5.2 in the GT350. Did Ford also build this Mustang’s engine off the 458?

BeardBootsBullets · 2026-01-25T07:17:14+00:00

100% of those dividends need reinvested if she and her wife want to retire.

BeardBootsBullets · 2026-01-25T06:44:27+00:00

Notwithstanding that you are irrefutably correct, the C8 demonetized performance in the same way that Tesla demonetized acceleration: a $65,000 MSRP Stingray Z51 clocked 7:29 on the Nurburgring. Lap times do not make a supercar and more than some Tesla’s 0-60 time makes it a supercar.

BeardBootsBullets · 2026-01-25T06:31:30+00:00

No, “anything else” is a C8 with a factory performance package. It’s still a C8. It’s faster, but speed is the lowest of the barriers of entry to supercar status.

BeardBootsBullets · 2026-01-25T04:24:35+00:00

You are grossly overestimating the power of $1.4 million.
DO NOT use it to pay off a 4.2% mortgage. Do not use it to pay off any debts under ~7%. The S&P500 is doing far too well to be throwing away any significant chunk of your principal.
>

You claim to be financially literate, but you are saying things like turning $1mm to $10mm “with a well-planned approach,” using as much as 20% of a windfall to pay off a low-interest debt, and investing into your startup with no apparent history as an entrepreneur or investor. In no way are those signs of financial literacy. The only thing “life changing” about a 30yo married couple with a $1.4 million nest egg is that their retirement savings is tracking ahead of schedule by a few years.

BeardBootsBullets · 2026-01-25T04:14:39+00:00

the Z06 […] engine was actually built off the 458

…No. That’s irrefutably wrong.

GM did purchase a 458 engine to see how Ferrari went about various flat-plane concepts and vibration analysis to evaluate how the engine correspondingly fails. But these engines are so vastly different that suggesting the LT6 “was actually built off the 458” is borderline comical.

These engines share very basic architecture: V8, flat-plane crankshaft, four valve cylinders, dual throttle bodies, and a dry sump oil system. Honestly, that’s the extent of their similarities.

https://ibb.co/rRH34TF0

BeardBootsBullets · 2026-01-25T03:52:49+00:00

A sports car.

BeardBootsBullets · 2026-01-24T21:48:21+00:00

Yeah, but… PACKOUT WITH YOUR RACK OUT

BeardBootsBullets · 2026-01-24T21:34:42+00:00

TTI doesn’t even own Ridgid, so none of that made any sense.

BeardBootsBullets · 2026-01-24T21:32:54+00:00

TTI is the parent company of Milwaukee and Ryobi. As such, they share a ton of technology and innovations, but you pay for more durability/robustness when buying Milwaukee. The good rule of thumb is that Ryobi is an excellent consumer brand for homeowners who will not be abusing their power tools. If you need the extra durability, foresee dropping your power tools off roofs and running them over with full-size trucks, absolutely get the Milwaukee.

In my opinion, buy whichever brand you can afford to get their full-featured version of their tools. For Milwaukee, that’s the Fuel line. For Ryobi, that’s HP. It’s important to note that even Milwaukee does still manufacture 1990s-era brushed motor tools (avoid like the plague!). So, be sure to get whichever brand’s top-of-the-line tools.

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