<prompt> Human: I am a 29-year-old US postdoc living in Germany for the foreseeable future 5y10. My father recently passed away and my mother plans to give my brother and I 14k to avoid gift tax complications on his estate from his life insurance every year for also the foreseeable future to invest in our retirementfuture plans. Ive read the information on the windfall page and am also posting this on the ex-pats sub.My situation: 1. Single, no debt credit card, educational, or otherwise 2. Healthy income, use YNAB - live within my means, net savings every month 3. Roth IRA with like 7k in it from when I was in grad school and still living in the states but not making enough to max it every year 4. German retirement plan - VBL extra which should switch over to the regular VBL after 2 years 5. Fairly risk averseI have some plans that I would like to put in placemay need to pay for over the next ten years that I have been saving for like adopting a child or potentially getting married at some point.I feel like I would know exactly what to do with this money if I was living in the states but Im not sure how living in Germany complicates this plan. Other than putting the money for my short term 5 year goals into a high-interest savings account, I have no idea how to handle this income. edit: sorry this formatting sucks.  <response>: Id strongly advise keeping the money in US accounts to simplify the US side of reporting FBAR1116. You can then withdraw at your leisure when and if you need it.If you have no immediate need, build a cash cushion and invest at least 30 into the stock market for the long term, just buy an SP500 index fund and dont sell until at least 10 years have passed.Living in Germany is dirt cheap compared to the US, this is an opportunity to build up cash for when you need it. 