re: Received an inheritance now how to plan for future retirement?

i was in a similar situation to you a few years ago. at the end of 2011, i received a pretty decent inheritance. first thing i did was meet with a financial advisor. all the advice here is very sound, don't pay off low interest debt. the money can work for you, especially since retirement is so far off, you can withstand and outlast any dips in the market.