<prompt> Human: I just found out a few days ago that I will be receiving 250,000 within the next couple weeks and I have a general idea of what to do with it but need a little more advice and would greatly appreciate PFs input. A little background information: I am in my early 20s with a stable job making 55kyear. I am contributing 12 to my 401k, maxed out a Roth with Vanguard last year and intend to do the same this year. Living with my parents so I have minimal expenses. I help pay some bills which comes to around 300-400mo on top of approximately 150mo spent on gas.The 250,000 is coming from my grandparents in the form of an international wire. Will there be any tax implications from this?I plan on investing a majority of it in taxable accounts, likely in a three fund portfolio. However, I do have some major expenses coming up in the next three years including hopefully engagement, marriage, and purchasing a home. Would it be wise to invest all of it and pull the funds from my portfolio as I need it? Or should I stash my anticipated major expenses in a high yield savings account and invest the rest?Any help would be greatly appreciated. Thanks guys!  <response>: I would try and live as if I did not get the money for now and save for the downpayment normally using your existing salary. And then invest the 250k aggressively for the long term in a 3 fund portfolio, possibly adding REITs at 10 of equities for a fourth fund to hedge against the real estate market a bit since you will be buying in the next few years. 