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Reply to "All you rich folks - looks like I'm (almost) one of you. What should we do?"
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[quote=Anonymous]I'm sorry for your loss. It sounds like you are approaching this windfall with a level head. If you like your home and neighborhood, then I would stay put. I would use the money to bolster retirement and college savings funds. If both spouses are working a lot of hours, one could reduce hours. In the studies about human happiness, they say it is experiences, not things that bring happiness. So is there a place where your family would love to travel? For example, I'd love to take off summers and live with my family in Spain or Latin America where we could travel and learn Spanish. If you have the stomach for being a landlord, now would be a good time to buy a rental home or two.[/quote]
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