I (30M) and my wife (29F) are currently in the US and we are at a bit of a crossroads. For context, our personal net worth as of today is around $520k , built through our careers so far(working in the US since 2021), cleared both our education loans and we don’t have any debt.
Both of us are only children. My parents (~60 yrs) have a net worth of approx 12 Cr and generate 2.5L/month in rental income. My in-laws (~60 yrs) have Rs.10 Cr net worth with 1L/month rental income. I know inheritance isn’t guaranteed and shouldn’t be fully relied on but it’s hard not to factor it in at some level when thinking long term.
My wife prefers continuing abroad, possibly immigrating to Canada or Europe and focusing on career growth. I’m leaning toward returning to India, slowing down a bit and taking some risks like starting a business, given what feels like a decent long term safety net.
I’m trying to sanity check my thinking:
Is it reasonable to partially factor in inheritance for big life decisions?
Does our current position (~$500k NW at 30) justify taking higher risks?
Should we ignore inheritance entirely and keep optimizing for stable careers abroad?
Would appreciate honest perspectives.