<prompt> Human: My sister and I are inheriting about 700k total. The account containing the majority of the money was in a Vanguard VFIJX and produced a taxable distribution over the course of a year of about 12-15k, so about 1.3k a month give or take.Were likely going to leave this in place until the end of the year before we decide what were going to do.The way I see it, there are two reasonable options here:1. Keep the money together as a lump sump and grow it aggressively2. Split it 5050 right now and go our separate waysI have about 30k in student loan debt, and a car loan of 21k total debt 51k, make a salary of 120kyear. I have about 50k in a 401k. And another 17k in savings 4k in brokerage account VOO for reference.My sister has 150k in student loan debt she has a thousand degrees, and a car loan of 10k total debt 160k, is currently unemployed but will likely gain employment in the near future prob. making about 60kyear. No savings.Neither of us have children or extended families to take care of. We dont own homes. Were both in our mid-late 30s.My argument is that we dont really need to touch the principal for any of our needs right now both of us are extremely employable and Im not worried about either of our prospects in the near or mid term at all and that we should just aggressively invest in another Vanguard vehicle, forego any distribution and let this puppy compound for 10 years and then dump the money into a safe vehicle again and collect our 5 distribution, call it a day. The goal would be to grow the principal to 3.2 million-ish as fast as possible. As an example, I was thinking just dump it all in VITAX. But Im open to other asset allocations that make sense would like to stay with Vanguard.Wed obviously be joint account owners and would have to check each other on any withdrawals that would reduce the principal. Were both reasonable people, are very close and implicitly trust each other. Does this plan make sense?edit: Thank you all for taking the time to share anecdotes and respond, it has been extremely helpful to read your comments. Lots of food for thought here. Thank you.  <response>: I dont see any plausible benefit to keeping it in a joint account, and several possible downsides:1. Complications for taxes. I believe banksbrokerages generally treat all income from a joint account as being taxable for one owner.2. If one of you is hacked, youre both affected.3. Difficultyawkwardness if you have different risk appetites and prefer different allocations. Maybe youre okay losing more than 50 of your investment one year ifwhen the tech sector eventually crashes, but what if your sister cant handle it and wants out?4. Difficulty or at least tedium of tracking things fairly if you withdraw different amounts.The individualjoint account issue aside, it might be better for each of you to pay off your debts depending on their interest rates. Also, you should probably be maxing out your retirement accounts. 