[Lois]

We have an unexpected inheritance. While it is a blessing, we would rather have our loved one still living. Retired a few years ago with enough.

We enjoy frugal living my(TIAA CREF). No debt. Emergency fund good.

My inclination is to park money in Vanguard money market fund for the time being.

Our comfort level with other investments has us invested about 56% equities, 7% RE, 13% Fixed Income, 22% multi asset.

Analysis paralysis is setting in. Would appreciate your thoughts.

[Fiona]

Give it to your children now if you have no need of the money.

[Brenna]

I’m sorry for your loss. Money Market fund if it’s 4%+ sounds like a good choice while you take time to process and assess. Give yourself time.

[Daniel]

If you’re comfortable with the current asset allocation, why not take the inheritance windfall and rebalance according to your IPS?

[JR]

I’m finishing up the book Die With Zero and it has me rethinking with what I’ll do with my money.

If my kids are productive and have steady jobs I may give them a good chunk when they’re younger. (26-35 as an example).

That would help them so much. Or if they don’t need the money we may go on some amazing vacations.

No need to wait until my wife and I pass away to give it to them.

[Courtney]

If you have enough, consider donating to an organization that would be meaningful to your loved one. We did this recently and it was a nice way to honor her.

[Su]

Just enjoy the money of your loved one, or donate some where they would want.

Put 20% in index funds to strengthen your retirement too.

[Christina]

I inherited from my parents 5 years ago and have not spent a penny yet, other than donating to causes that mean the most to me.

It is ok to not do anything when you don’t know what you want to do yet.

[Heather]

It’s advised not to make big decisions when receiving a windfall. So park it if you want.

Backup plan is to invest it across the same percentages you already have.

The dollars are the same, there’s just more of them. Sorry for your loss.

[Mark]

Implement the money as a part of ur plan. Uve already got the percentages

[Ram]

You already have a nicely diversified portfolio. Why not donate some to Charity and the rest Divide in the same proportion as what you already have?

[Ron]

Hard to advise you without some guidance on how you might want to spend it! Living expenses? Estate to give to your kids? Maybe needed in 10-20-yrs as retirement insurance?

[Marty]

Just out it in a HYSA while you figure things out. We just went through the same thing. Regardless if you need it or not it’s a blessing.

Go on a trip that you wouldn’t go on because of your frugality

[Bill]

If you have enough, have you thought about gifting a portion each year to the next generation?

[Rick]

Have you lost confidence in your current asset mix? Would DCA into that change your mind? If not, your asset mix needs an update.

[Author]

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