MKCP5
DIS Veteran
- Joined
- Apr 20, 2005
So I have recently come into a small (but not too small) inheritance. I have no idea what to do with the money. I have put it in our savings account for now, but I know it's earning almost nothing there. DH and I are in our mid 50's with plans to retire about 65. I think at that point we'd like to use the money towards a small place somewhere warm. We have no debt but our house and one car payment. We have a very good pension from his job when he retires. I personally have none after being at home as a mom and then working for myself. We don't need the $ to live on, but I would like to be able to access the $$ I think in case something huge comes up we cannot forsee. We have a rainy day stash for small emergencies (car repair, appliance breakdowns etc) We have always been careful with our money but never had a large sum to invest. I don't know where to begin or what to do with it. Thoughts? Thanks guys