<prompt> Human: Was not expecting to receive an inheritance in the 6 figure territory, but my grandparents apparently were very responsible with their money. In our early 20s, me and my wife are hoping to do the same and be wise with our finances.After paying off my one car loan and some other minor debts, I now have roughly 160,000 sitting at a credit union MM .5.Me and my wife make about 90k per year combined and have no other debt besides Student Loans totaling 23k. All credit cards are paid off every month and our credit looks good. We are also the proud owners of two VWs and a puppy.We are currently renting, but are about to buy our first house, so Ive earmarked about 100k to make our first house hopefully our last house, including downpayment, closing costs, furnishings, etc.The remaining money will go towards an emergency fund and retirement. My wife contributes to her employers 401k with matching, but not maxed out. My employer, unfortunately, has no benefits available, and I have no IRA as of right now. Need some help to point me in the right direction. Am I better off to max the 401k and replace our paycheck from the windfall, or do I open a Roth and set its course for retirement. Also, should I take a portion of the emergency fund and put it in a CD or something better than a savings account?Thanks in advance!  <response>: I am no expert like many on this board but it seems that You are making smart decisions. With the 160,000 I personally would pay off the 23,000 of student loans. I would then keep a 6 month expense if you dont have it already. I would put every other penny in retirement savings. A house down payment also may be smart but I put it towards retirement. Good luck and congrats on the windfall. 