<prompt> Human: My mom passed away from a car accident last week and was managing of all the family finances. My dad was completely dependent on her and is devastated. Now, we are just discovering our familys financial situation. Fortunately, we are set to receive a solid chunk of money from her life insurance and 401k. However, we have significant debt from our house mortgage and student loans. Benefits from moms passing:- 401k totaling 145k 1237; return over the last year 517 518- Life insurance benefit of 300kDebtExpense:- Mortgage 4.12537; with a half-principal balance of 600,000 remaining 2,700month- Sisters student loan debt totaling 100,000 4 equal loans at 537;, 5.537;, 737;, 837; about 1000month- My student loan debt totaling 40,000 2 equal loans at 637; and 437; about 500month- House expense excluding mortgage 1500monthMy dad is turning 65 this year and weighing retirement. I am pushing him to retire but his income would be reduced to 2000month and he would not be able to pay the mortgage and monthly expenses. He does have a 401k but is hesitant to take out money 350k. Being the loving dad he is, he wants to save as much as he can for us. However, my mom loved this house and he wants to do his best to keep it. I am able to help somewhat with payments 500 -1000, but am also saving for marriage and my own house one day.My mom wanted to pay off the student loans for us, and with the high interest this should be the right decision, but what should we do with the rest of the money? I would like to grow the money to make it last not touching the 401k if possible, while my dad is considering paying the mortgage. I would love some advice.  <response>: Well you and your sister should pay the student loans. Your dad shouldnt be hesitant to take out money from his 401 if hes retiring, thats literally what its for. Will his benefits increase by much more if he goes for 2 more years? Im no expert in Social Security, but I thought 67 was when you could get the full benefit from that. 