<prompt> Human: Im 29, married, living in northern california. My wife also works and makes 45k. My grandfather passed away 4 months ago and left me, his only grandchild, all his money he had recently sold his house and was living with my parents. My parents are well and have their retirement lined up well. My wife and I dont have any loans, our small house is paid off, 195k value. The net money Im going to inherit is a little over 600K. I want to invest this money and dont plan to quit my job. I was thinking of buying a small business or property to rent. What should I do with this money? I havent looked into franchises but am also interested.EDIT: additional information that i should have probably included: my wife and I have decided against having children. We have about 30k in our savings and another 65k invested in stocks right now mainly etfs and safe stuff. We both have 401ks and do the amount our companies match yearly. I also have about 25k in an IRA from when I was in college. Im in not going to make any rash decisions but am leaning towards investing into a business Assistant: I would highly suggest that you DO NOT invest in business or property unless you have some actual professional experience with this. You are in an incredibly good position financially and can use this money to jumpstart the shit out of your retirement. Assuming youre going to retire at 60 just putting that money in a target retirement fund would give you about 2.5M 5 annualized return. Me personally, if I was planning on having a family Id buy a bigger house then put the rest of it in a retirement fund. Then Id continue to max out tax advantaged accounts and see if I could possibly retire at 50. Also, a lot of people say to wait 6 to 8 months before spending ANY of money like this. It gives you a chance to come to grips with the amount of money and keeps you from making rash decisions. Im sorry for your loss. Good luck.Human: I dont have professional experience and am hoping to use this as my entry. were not planning on having a family and are meeting our preset retirement goals. I am definitely going to wait 6-8 months before spending any considerable chunk of it. Thank you  <response>: Invest 500k of it. Pretend it didnt happen. You still now have an extra 100k, and are practically set for retirement. Take a vacation or something and continue to live like you have been. 