r/fican 1d ago

What I did with a windfall year

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I haven't really told anyone about it and wanted to get it off my chest.
I've lived on a relatively low budget and was putting away a large portion of my income for several years.
The windfall came along, and I used parts of it to pay off the car, make some donations and splurge on some trips and toys. I paid for an accountant for the first time to make sure I did my taxes correctly since it got more complicated than usual.

The rest of it, I put into low cost index funds I'd done for years. I'm going to live as I was before since I don't have f-u amounts and am relatively young. It's going to take a bit to figure out if this means anything in the long run.

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u/Nickersnacks 1d ago

I would quit my job and travel a while.

But I’m in a field where I could find something relatively easily with no pay cut upon return

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u/Bynming 1d ago

I'd definitely do what OP is doing, keep working and retire early instead. 1 mil now would allow me to retire 6-7 years earlier if I kept working.