<prompt> Human: Hi everyone,TLDR; Retired family member is coming into 200k inheritance soon, what should she do? She only has Social Security as income. My family member is coming into a large inheritance in the near future. This family member is retired and does not have a 401k or retirement plan. She only has Social Security coming in 1600 every month and is struggling to pay her bills. The inheritance will be around 200k and I was wondering what she could do make herself financially stable moving forward. She is currently renting a house 940 and has about 8k left on her car payment. She doesnt have any other debts. What would you recommend she do? I was thinking maybe pay off car and buy a house so she doesnt have to pay rent. Maybe invest some of the money or put it in a high yield savings account of some sort or a type of retirement account. I am not that financially savvy and just want to make sure she makes the right decision. Any information would help! Thanks!  <response>: Pay off the car and get her an annuity that would guarantee her an income. If shes been bad with money her whole life or just simply didnt have any, having money now wont fix that. Ive watched more than one person come into a large sum and within about 3 years they had nothing left. Money skills take years to develop. She hasnt had that and likely doesnt have the interest in doing so now.At her age, she needs a Medicare supplement so she doesnt have to pay for leftover medical bills for the rest of her life. Mutual of Omaha has a great supplement that I used with my dad. Pay off her car. Get new tires for it and a full service changing all the belts, etc.. After that, monthly income that is dependable and turn key. Keep it simple. Forget all about complicated investments that she would have to handle herself or manage in any way. Look at set it and forget it annuities. And perhaps a burial policy.Her rent will pale in comparison to her medical bills and monthly prescription costs when she gets ill. Some medicines can run 500-800 per month without additional supplemental coverage beyond Medicare. After retirement age, its a matter of when, not if, she has a major health event. 