Yesterday we left Roche. We took the 10:50am ferry from Friday Harbor to Anacortes and headed for Bellingham. In transit and in Bellingham, my poor daughter was miserable with the flu. She cycled between sleep and moaning (actually she suppressed the moaning but I sensed her pain). Within a few minutes of arriving, she was asleep in her bed, warm with the last throes of her fever. Ugh.
The rest of us lunched on the back patio at my mom's house in B'ham. Gorgeous - full sun 79 degrees clear skies, looking over Bellingham bay - perfection - I miss this place, can you tell? Seriously the PNW is like a magical dream everyday. It was just an hour before my nieces had to leave so I brought up finances. I asked what they would do with $2M. Both said they'd put $1M into their ROTH IRAs (one already has one, the other will set one up soon). They went on and on about how they'd invest. They would pay off all outstanding bills and put aside a few thousand for upcoming bills.
Wow, they have an overwhelming investment ethic! Kudos to my sister and bro-in-law. They have taught these ladies a lot about investing and instilled an appreciation for the importance of investing.
So then I probed in their income plans / spending. This is where they have more to learn. If they ever join the MMM forum (which I recommended), I will leave it to them to share these questions and details.
In the end, they apprehended SWR, calculating for me how much they'd need in bank to live off of $2k, and $3k per month ($600k, $900k). I threw down a challenge, "whoever reaches FI before me (before they turn 41), I will buy them a drink in Roche Harbor." Their eyes lit up.
"Uh, Tante, Luna" my 24 yr old niece asked, "how about we meet somewhere in another country?"
My other niece offered, "how about Italy?"
I jumped in, "Ooooh - how about Rome!?"
Everyone agreed. So, Rome it is. If they get to be FI by 41, we will be clinking wine glasses in Rome. Love them.