Advise on Large sum payout

quote:

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around 1Mil-2mil

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That's a pretty significant "around." Living off of a lump sum amount of $1 million would have a totally different approach than having $2 million to invest.

There are many details you'd need to give, which you probably should not divulge on a message board, about your life, such as your age, debt obligations, former annual compensation and monthly payments before anyone could give you realistic, and prudent, advice on how to invest your money.

Like you wrote in your OP, you probably need to talk face to face with an investment professional who you share those types of information with.

Now your next question is: how to find a reliable investment adviser who won't take fees from you without much in return?

Good luck with that. Just don't sign any long term, non-cancellable, without penalties contracts.

70% stocks

20% bonds

10% cash