<prompt> Human: I am from Slovenia and in december I will get one and half million euros from inheritance. I am 31 years old and I have a minimal wage job that i really hate700 eur per month after taxesSimple math tells me if I dont work anymore and if I spend double I still have anough money for 90 more years. But what about inflation? Is even this doable? How about investments? I really have no idea about stock market etc.. I think that profits from investements shoud be just enough to cover inflation.So any good advice?  <response>: Hello, fellow Slovene. I am no expert, but I can give you some general advice.Yes, 1,500,000 will let you live comfortably for the rest of your life in Slovenia if you invest it wisely. It will also generate a nice income after inflation. Deposit rates are currently very low in EU and if you dont want to take a lot of risk Id suggest investing in funds like NLB Skladi globalni delniski and ALTA global or similar, and some money in safer bond funds obvezniski skladi. I wouldnt suggest investing directly in the stock market, unless youre an expert.You can use this simulator to calculate expected fund incomes:Dont put all your eggs in one basket, invest 500-700k in different funds and definitely some in real estate, as real estate prices in Slovenia are currently low!NLB bank will offer you private banking if your net worth is over 1m, maybe you could consult with them. Dont pay for any financial advisors! Remember, banks that offer private banking will want you to be their client, use that in your advantage. Negotiate for lower fund maintenance fees vstopna, upravljalska, izstopna provizija. Dont buy stuff you dont need!PS: If youre planning to buy an apartment or a house Id suggest taking a loan, because you can get a real estate loan from any bank for 2-3 yearly interest rate right now, which is considered free money and the monthly payment will almost certainly be less than you will make with your investments.Srecno!EDIT: Other people suggest investing all of the money and living off of yearly withdrawal rate of 4, I agree, that is also a good idea if youre disciplined enough. 