Reply to 3 million inheritance. What should this affect things

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[quote=Anonymous]I agree about sitting on it for a year.  I would consider moving if it meant better public schools and better commute options (accessibility and length).  However, if you are currently in a neighborhood you like with decent public schools and commutes- stay there.  There are too many excellent public schools to go private in this area without a specific reason beyond newly acquired affordability (people with more money spend more and there will be additional pressures).

This is what I would do (after your year is up).  We are at a different lifestage (early 50's and children in HS). We would not move as we are already in a decent neighborhood for commutes and schools and we have been here 17 years and have established friendships.  I would however, go through our house/yard improvement wish list.  I would build in small indulgences in the house to make our lives more comfortable (nicer bathroom fixtures, better lighting, get better pots and pans) and I wouldn't worry as much about pay back for eco projects (geothermal heating and cooling, tankless hot water heaters, a few more solotubes, weekly gardener, solar panels).

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