<prompt> Human: I am in my twenties and I inherited about 200,000, which originally was in a 401k, but now sits in an inherited IRA in cash. I will be required to take out this money over the course of my life expectancy RMDs at about 3,500year now. My plan is to let it grow tax deferred as long as possible, take out the RMDs as necessary, and reinvest them in a Roth IRA. I was planning on investing in a low expense index for US stocks, international stocks, and bonds, using a buy-and-hold, set-and-forget attitude. I am not trying to play the market or mess around with this money. I just want it to sit in an aggressive retirement fund for the next 40 years obviously making adjustments as I get older. I have three questions in regard to this strategy:1. Is this a good strategy for my time horizon?2. Is a Roth IRA the best way to handle reinvesting the RMDs? Could I put it back into a regular IRA assuming I pay the taxes and have earned income to allow this? Should I consider something else?3. Should I buy now, or wait until there is a market correction and this bull market subsides? I know, I said I am not going to play the market, and I dont plan on it. This is the only time I would even consider timing the market. My initial reaction is that this is playing with fire and I should just buy now and forget about this strategy. I just want some input on my though processI appreciate any help; this has been a bit overwhelming as there are so many options.edit: I have an emergency fund already with about 5 months worth of expenses, no debt, and my car is paid off. My marginal tax rate is at 25 now, probably moving to 28 soon if that makes any difference. I currently contribute to my 401k up to my employer match 5 of my gross salary with a 4 match.  <response>: Wow, sorry for your loss. Someone thought I lot about you though. I sounds like your plan is solid but Id see a CPA. 