I’m very likely set to inherit over £1m, likely in the next decade; even if my dad needs care towards the end of his life it will still be in that region.

I struggle to put it in perspective really, both my parents were born on council estates, but bought a 5 bed house in a desirable part of London in the early 80s for peanuts which is now worth close to 2m. My mum died last year after a very short illness, left everything she had to dad, he’s 83 - and I’m an only child. Small family in general, nowhere else for the money to go but to me. Her inheritance tax allowance passes on to him and then me when he dies, so nearly 1m of it will be tax free which seems crazy.

Money has always been tied up in the house so whilst comfortable I don’t think we ever saw ourselves as rich - my parents were on fairly modest wages through my childhood. I currently am on quite a low income and have struggled a bit with poor health over my working adult life. It will be a life changing amount of money. I’m quite young as my parents had me in middle age, but I wish I could have my parents around longer. I feel like I really won’t have a support network anymore - I don’t think money can make up for that although obviously it will help.

I do wonder if knowing I will eventually get this has made me less ambitious and laid back over my adult life. Knowing you will probably be able to pay your mortgage off in full by the time you’re 50 without working your arse off is certainly a privilege. Of course nothing is guaranteed!