Is inheriting 100k as a 27 year old in the UK quite rare?

[YourWaryPlumBalonz]

1. Inherited over 100k from distant family member
2. Have friends who have inherited 200k, 300k but admittedly they are a tad older than me
3. Thus is it weird
4. As an autistic person, do u advise me to tell others if peopel ask me how I got a new car, etc

I wouldn't tell people you inherited 100k it is none of their business and they may then try to get you to give them money / treat them continuously.

If they do ask you, you could say "small inheritance so I treated myself" or just say "savings".

It’s quite unusual. I would say what @TeenToTwenties suggested. If anyone asks probing questions about your finances it’s absolutely fine to say “sorry, that’s personal” and change the subject .

I think anyone asking you how you afforded anything is being quite rude! Your finances are your own business and I think you are fine to point that out to the people asking

Well I think it depends on what social.circles you move in as to whether it's common or not. Certainly not common in mine although tbh I thought most people kept their finances close to their chest and wouldn't talk about it if they had.
Similarly why would anyone ask you how you afforded your car, or anything else for that matter? Unless they were extremely rude. And if they did ask you tell them it's nothing to do with them!

1. As an autistic person, do u advise me to tell others if peopel ask me how I got a new car, etc

Up to you entirely.

New car from savings - whuch is presumably where you put the inheritance once recieved, so totally valid answer.

Yea, it's unusual. Most people in their 20s gave nowhere near that amount of money from any source.

Very unusual yes. Count ypurself very lucky.

I am twice your age. Haven't got £1 this way.

No, all my rellies have made it to their 90s, so even the grandkids have been in the 40s when the oldies have passed. They have all had to make their own way in life. And It's lovely to still have grannie around when you are yourself approaching middle age or still having Mum when you are yourself an OAP.

I wouldn't tell people and I also wouldn't spend it on other people. Some people may expect you to be more generous if they know you have a lot of cash.
At your age, investing it in long term assets might be your best bet. Out of sight, out of mind for now

I inherited about twice that at 27 as a grandparent left it to me. It's increasingly common I think for grandparents to bypass their kids and leave to grandkids to help them on the property ladder when it comes to inheritance (as recent MN posts have shown). Although, three figures is reasonably large but that's probably because most people have multiple grandchildren/children to leaveto.

Personally though, I wouldn't be spaffing £100K on a new car (assuming you mean brand new and not just a 2020 ford fiesta or something reasonable). That's a reasonable chunk for a house deposit or an investment opportunity to retire early.

I certainly didn't share my finances with anyone and quite frankly inheritance is no ones business but your own.

Do not tell people about the inheritance/amount. If you want to say it's from savings or it's a lease or whatever then that's fine but personally I wouldn't be answering questions like that. It seems rude to be interrogating people as to where the funds for an item came from so I'd prob say something like "haha none of your business" in a jokey way

"Inherited over 100k from distant family member"

Actually I hope you don't mind me asking this OP, but why are you referring to your mother as a distant family member?

Even if for example you've had no contact, she's still not distant family is she?

Though good luck to you OP, personally if someone had left me 100k at 27, I would have bought 2 houses and rented one out, because when I was 27, a house could be bought for 50k.

Depends on the reason. I never spoke to the woman who told me I was ‘lucky’ to inherit my lovely parents house after they both died in their late 50’s.

It’s unusual to inherit £100K from a distant family member.
Usually a big-ish inheritance comes with the bittersweet of a close loss so it is tied up with grief and emotions.

And 27 is on the younger side.

If you don’t already own property I would advise you get advice on investing most of it, or put it towards securing your housing.

And unless you know people well and trust they only have your best interests at heart I wouldn’t share financial details. Peers could become resentful and it could make friendships difficult and as nice as £100k is good friends are hard to find and are worth much more than this money.

Yes I would say it's unusual to get at a £100k at 27.

Don't tell people how you afforded your car. It's none of their business. If they ask, just say it's from savings

It's nobody's business where you got your money. As long as you pay your taxes and aren't benefitting from crime.

So you don't tell people I'd say. If someone asks, there's no harm in saying mind your own business if you are not comfortable telling the truth or lying!

I think if it's a distant family member and your not especially wealthy I'd say that is quite rare. It would usually be a parent or grandparent. So it would involve a very sad event.

But as I said, your finances are private and I don't think it's considered good manners to either boast or pry about money. It's seen as a bit crass in many circles to discuss such things.

Talking about finances with other people is pretty vulgar, so no don't tell them. If they ask, give them enough to feel like the question is answered and then just change the subject.

"Nice car! How much was it?"
"Thanks, I'm really happy with it, definitely worth it. How's Jean/Johnny?"

The only people I know with large inheritances at a young age lost their parents. So yes, it's fortunately very uncommon. Inheriting that much from a "distant" relative is unusual at any age, I'd imagine.

For what to tell people, it depends who is asking. I'd usually just say I'd paid for things from savings or maybe I'd reference an inheritance but certainly not how much I had. I do have some friends where I'd be more open, but probably still not discuss exact figures.

Inheritance is most commonly just passed onto your spouse then down to your children so in this situation it's likely your parents had died, which would be unusual in your 20s.

Few have distant relatives who would not have closer relatives to give money to. Inheritance usually comes with grief.

And 100k is a very large sum, your social circle is not normal.

Anyway it's rude to ask how you afforded something but 'from savings/inheritance ' is a good answer. And any questions about your level of savings/inheritance should be shut down .

I used to be infuriatingly honest as a teen and in my 20s. I'd tell everyone everything. I was a total people pleaser and wanted to be seen as "nice".

Fuck that. I started to realise that nobody else was sharing a thing with me! The very same people I'd told my salary to, how much I had in savings, etc. Then my uncle died, and my aunt and cousins totally clammed up about how much he'd left, when they'd bossily demanded the exact same info from my mum when my dad passed. It was then I realised other people can be utter twats.

It's none of their business, op. If you don't want to be probed, don't say anything like "wouldn't you like to know?" Just tell a white lie, or say "it cost enough, I'm wiped out now!" and the move it on. It's nothing to do with them.

Where did you see OP referring to her mother?

I can see only the original post and there is no mention of the OP's mother. Or has she posted in another thread about receiving an inheritance?

long sotry but family memebr gave money to mum, who then gave some to me
e.g. 200k, mum gave me half

I’m in my 50s, I’ve never inherited a penny.

In your shoes I’d invest it. £100K at 27 could be a tidy pension one day, even if you don’t add any more to it.

I inherited more than 100,000 when I was 20 but it was because I lost my lovely Dad he collapsed and died right in front of me and no matter how hard I tried I couldn't save him. You don't have answer people's questions OP if someone asks you how you managed a new car just say that's for me to know and no-one else