I’m 22 and I inherted some money after my parents passed away. I have about $50k in a HYSA and another $30k coming in 2027, I have 12k in my jobs 401(k), roughly 12k in my roth IRA (I just started contributing to this last year) I get by just fine using the money in my checking account and will likely not need to dip into my savings any time soon unless I have some type of emergency. I do not own any property and I have no debts. My question is, is there anything I should do with that $50k sitting in the bank now? and what should i do with the additional $30k coming in 2027. I would like to take full advantage of the leg up I have in life with my inheritance. Any advice is appreciated, thank you.
Submitted November 16, 2023 at 11:58PM by dreamcrush- https://ift.tt/O3iDt2b
