DebER
Dryer sheet aficionado
Hi,
I recently inherited a little over $200K from my parents. I am still working and don't plan to retire for another 12 years unless I hit the lottery, which is not likely. I have approx. $100K in retirement accounts (one I am still contributing to) and about $70K in other stocks/mutual funds.
I would like to invest my inheritance for income and growth. I do not want to assume a lot of risk as my parents worked hard for their money and I want to be deligent in preserving it for use with such things as inhancing my retirement or helping with assisted living (if necessary) and just having a little fun. It's just me and my husband...no children. We both work, and get by. I am thinking of investing it with Vanguard in their Index Target Retirement Fund (VTINX), and having the quarterly distributions sent to me for some additional income.
Do any of you have an opinion or advice for me? I've been contemplating what to do for several months now, and this seems to be the most logical, safe (if there is such a word) to go.
Thanks for your advice!
Debbie
I recently inherited a little over $200K from my parents. I am still working and don't plan to retire for another 12 years unless I hit the lottery, which is not likely. I have approx. $100K in retirement accounts (one I am still contributing to) and about $70K in other stocks/mutual funds.
I would like to invest my inheritance for income and growth. I do not want to assume a lot of risk as my parents worked hard for their money and I want to be deligent in preserving it for use with such things as inhancing my retirement or helping with assisted living (if necessary) and just having a little fun. It's just me and my husband...no children. We both work, and get by. I am thinking of investing it with Vanguard in their Index Target Retirement Fund (VTINX), and having the quarterly distributions sent to me for some additional income.
Do any of you have an opinion or advice for me? I've been contemplating what to do for several months now, and this seems to be the most logical, safe (if there is such a word) to go.
Thanks for your advice!
Debbie