Key Takeaways Experts often recommend waiting at least 30 days after an inheritance before making major financial decisions. With a clear plan, inherited money can be saved in ways that outearn inflation and move you closer to goals like a home or retirement. With thoughtful planning and expert guidance, this money can be worth much more in the future and help you close in on one or more financial goals. If instead you act impulsively, the money could be lost in a fog of forgotten purchases and everyday expenses. That’s why experts generally recommend waiting at least 30 days before executing any major financial decisions with inherited funds.