@blessed2day Hi OP.
Well just sharing some thoughts as i am currently in a similar position. So, the difference is we (me and my spouse) got the inheritance already but alot less than yours. Even without it, we have reached good decent amount on our own (but not FIRE) with the 800k house loan paid off.
We are also on some similar route. One of us has already reach 1mil in EPF already, hence we really can rely on EPF like a bank account. Self contribution 100k and the continuous salary will help us grow this amount even faster. Then we are closely tracking our monthly expense to ensure can really FIRE as well. You continue to do that too.
So because inheritance is non guarantee, we have to temporary ignore that. In your case, you still need to divide your assets. You cant fully VWRA because at the end of day, we need to spend in RM. So what we do is we continue to grow EPF savings as mentioned above and still buying VWRA. Just sharing what we are doing.
I think alot of ppl are dissing about why you think 2mil cant FIRE but with proper planning, not that bad. Using 4%, the interest is 80k per annum or 6.7k a month. It's probably a jump of lifestyle downward but like you say, your expenses are mainly for convenience due to one simple fact, time is important to you because you are working now.
Of course I assume you no debt. 350k is nett asset. This probably better off then alot of ppl. But having say that, 2mil is still abit too close for comfort. 6.7k is a big jump from your expense. You also dont want to FIRE and need to think 10,000 time to buy an ipad. If one of the spouse still working then it would be a better buffer or grow your savings to 3mil 4mil first, do the calculation then can peacefully FIRE. Also, after you achieve the $, dont forget the social aspect of things.
You still need to fill your time meaningfully. FIRE does not mean dont work. FIRE should mean that, when you work, is not because you NEED the money.
