u/CatMom9898

How Best to Invest Inheritance

My mother recently passed away unexpectedly and I received an inheritance of $105,000 that I would like to invest to retire early (maybe 55, shooting for 59). I am currently 44.

My current funds are below, but my question is how best to invest this inheritance to benefit me the most for said plan. My thought is to max a Roth IRA for the next 12-15 years, but what are the best investment options for a roth to be more aggressive? Any other thoughts on something I am missing?

Salary $85K (no debt except mortgage of $197,000 at 2.75%)

401K - $315,000 - contributing 10% and employer contribution of 10% (no matter what I contribute); account with Fidelity in a set it and forget it fund.

$70K in HYSA; $105K inheritance HYSA for total of $175K HYSA

$82K in a Charles Schwab brokerage account

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u/CatMom9898 — 3 days ago