Quote:
Originally Posted by RichieRich
Makes me happy to hear someone in need has benefitted.
Hopefully she has a good handle on financial management and good choices to manage such a windfall. Sadly there’s a lot of history where large dollar winners can’t manage it and within a few years don’t have much to show for it. I would highly recommend an independent financial advisor and MOST DEFINITELY NOT some random person at a bank.
With such a bump on net asset value there’s no reason they can’t manage this and be able to sustain a long life taking out nearly 6 figures annually AND leave multigenerational wealth.
|
Taking out six figures annually from that and leaving "multigenerational" wealth?
Haha, good luck.