Reply to Spouse inherited $3 million

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[quote=Anonymous][quote=Anonymous][b]I am not sure there is anything a tax planner [/b]can tell us. The investments are in tax-efficient index funds and we are maxing out all tax-preferred savings options.

What is the advantage of I-Bonds? I guess I need to research those more, but I'm hesitant to complicate our portfolio. We have everything at Vanguard except for one 401(k) which is at Fidelity and the HSA at HealthEquity.

I found a podcast "I will tell you how to be rich" that seems to focus several episodes on moving to a mindset where saving is not the ultimate goal. "What are you saving for?" and all that. I feel that way with this additional money. Since I don't want to retire, I may need to work on spending money for enjoyment more.[/quote]

You are fine today from a tax planning perspective.  What a tax planner could be helpful for is looking ahead to retirement and beyond.  Take SS early or late? What will your tax situation be when you have to take required minimum distributions? Should you start converting your 401k to a 401k Roth , if your plan allows it? What about future estate taxes, should you want to leave an estate to your child.[/quote]

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