<prompt> Human: Hi all,I have been feeling like I can be doing better for myself and am hopeful to find some insight as to how to better make my money work for me. Im 27, single and stable at my current job. I currently rifle all my spending through a rewards credit card which is paid off monthly to accumulate points for my normal spending. Renting a modest apartment with a roommate with no immediate plans to buy at least not within the next year. I recently inherited about 50K in the form of a retirement account with a high probability of more inheritance coming my way after probate real estate, stockbonds, etc.IncomeassetsSalary - 47,500 2,400 monthly take home after contributing 5 to company 401k which gets me a 4 matchSavings - 16,000 earning 1.2 in an ally savings accountInherited retirement account - 50,000 what do I do with this?DebtsBudgetRent - 475Utilities - 150Car loan - 223 2,400 left 2.9Car insurance - 150Gym membership - 60Pet insurance - 30IdeasDo I throw this 50k into a vanguard target date mutual fund?Do I move the 50k into my ally online savings account?IRA of some sort?I believe I am required to take annual MRDs until the inherited account is either brought down to 0, or ensure the account is empty within 5 years.Do I pay off my car loan since currently the money in my savings is not earning, while the loan is costing 2.9?Do I start looking for a starter home with the money that I have inherited? Something modest, maybe 1,000 sq ft to spend a few years in to build equity, rather than renting?Let me know if any additional info is needed. Any insight is hugely appreciated. Thank you for your time.  <response>: For starters, your retirement savings are a bit lacking. Ideally you would be saving at least 15 - 20.The next question would be, what are your life goals? Where do you want to be in 5 years? I personally would avoid the whole starter home purchase as those are typically harder to sell.If I were you I would continue renting until you are ready to put roots down somewhere and never leave. 