100k Inheritance, what to do?
In the very near future I will be inheriting 103k from my grandmother who passed away last year. I am not so good with my finances and would like some advice for what to do with it.
I am 30F with a stable job (65k yearly after taxes) and plan on never having kids. I have no debt except to my boyfriend (4.2k) and my father (5k), which I will pay off with this money. I have zero savings (currently $200 in my savings account and about 2k in my checking). I do not have a TFSA or RSP. I have a good credit score (around 800) and just the plain cash back TD credit card as well as my debit card. I have zero investments currently and rent my apartment. I own no car but do have a motorcycle.
My bank is TD, I live in Toronto. My plan was that after I pay off the debt I owe to my father and boyfriend, I meet with a financial advisor from TD who advises me in what to do with the money.
Is this a good plan? Is there something I should do differently?
I love traveling, plan on never having kids and will probably get married within the next 2-3 years to my boyfriend. I would really like to use at least part of this money to fund a van life project. My job has the option to be fully remote, so if possible id love to use some of the money towards that (maybe 20-40k?).
What would you advise if I was your friend? Please be kind :)