<prompt> Human: EDIT: question answered, thanks for the responses! Im trying to figure out whether or not it would be beneficial for me to contribute a significant amount of my income to a 401k.I have a good stable job, my income is low 6-digits, I have 100k USD and 60k CAD in savings, and am in my late 20s. Student loans paid off. No debt mortgage car payment. Until this year I havent been contributing to my 401k because I didnt know whether Id be staying in the US long term Im Canadian, and my employer didnt do any 401k matching anyways. Thats changed this year.At a minimum I will be contributing a small of my income that my employer matches a of.I live frugally and independently which has allowed me to quickly build up the savings that I have, so I dont have an immediate need for all my income. I do like having the option to at some point in the next few years buy a nice house andor car, or start my own business. I will eventually receive a large inheritance that will be enough to cover retirement, kids educations, etc.So, how do I go about deciding if I should be contributing a regular amount to my 401k as if the inheritance wasnt coming, versus keeping more money accessible?Thanks!  <response>: its not money you have now, id live my life and plan as if I were not going to get an inheritance so id be maxing 401k, iras, and building a taxable portfolio. you seem to have a good handle on living costs, so if you want to buy a house, a car, etc.. do it. use the same sense youve used thus far to save 160k. lots can change with inheritances, only way to protect yourself is to assume its not there until it arrives. once it does, you can certainly make changes. that whole thing about a bird in hand or whatnot.. 