<prompt> Human: I am 23 years old, about to be 24 and finishing up my last semester in undergrad for Biochemistry. My tuition and rent were paid for and I will have zero debt coming out of college. My father came to the states from Taiwan at age 12 by himself to live with his uncle and aunt in Texas. Following his movement years down the road, his sister and brother came to Texas. My dad is a neonatal physician making 7 figures a year. My parents house is worth 2M and he owns a property in Lubbock my moms house she grew up in worth about 200k maybe?, lake house about 30 minutes out 300k, two downtown condos 600k each, one as a vacation escape and one bought for his mother. He has two offshore fishing boats worth about 100k each and a brand new wakesurfing boat all paid in cash with no amount due. My father is extremely humble, drives a regular car, and refuses to be flashy with his money. He told me my brother and I would receive the wealth when they pass away. Recently I was given access to a brokerage account of 30k to invest in Vanguard funds and a Roth. I just put in 5,500 into my Roth and put the remainder into very low expense Admiral Vanguard index funds. Do I need to start saving for retirement? I saw his brokerage account and after taxes he has about 6M in just brokerage accounts. All homes except the downtown condos are paid off. My father is 57 and mother is 60. Im a little thrown off and lost after realizing how fortunate I was growing up, a little advice and guidance would be greatly appreciated as I cannot talk about such intimate details with friends.  <response>: Your father is wealthy. You are not. Do not assume you will inherit all of his money one day. He could have serious medical conditions in life that drain his savings. He could face legal issues. He could leave it all to charity. You do not know. Do not count on it. Yes save for yourself. 