Not going to go into too specific, but I recently lost my second parent at 21. I’m gonna be getting a very large inheritance (in the 6 digits), plus selling the house they left me (already has a value in the 6 digits).
My only family is my brother and my long time partner whom we both already consider family. My brother lives very far away and is very busy with his job, and my girlfriend and I will soon graduate from college.
My brother and his wife will be moving to Maryland in the coming years (outskirts of DC) and my partner and I wish to live in DC together and start our careers.
I’m in the process of talking to a financial advisor and team soon, as the money hasn’t come in just yet, but I was wondering an opinion from anyone here.
Would living in DC for around $2000/mo for rent be doable/smart, as well as the two of us working with no kids and no debts? We currently live in the south and hate it here and with no more of my family here, I have absolutely no desire to live here anymore and feel that we would be significantly happier there, closer to my brother as well.
I’m thinking I’m likely going to invest a large amount of the inheritance but would it be smart to keep some of it to myself for the rent/expenses/emergency?
Submitted October 12, 2021 at 12:22AM by thrownawaytele https://ift.tt/3iPARYg