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re: Received an inheritance now how to plan for future retirement?
Posted on 2/12/15 at 1:09 pm to hungryone
Posted on 2/12/15 at 1:09 pm to hungryone
quote:
With money comes a responsibility to understand it.
Most definitely. It is amazing how many people start telling you what to do with your money once you have some
From family/friends to the bank where you deposited it. 
2
Posted on 2/12/15 at 1:47 pm to bayoudude
I know a lot of people who have set themselves up very well by investing all their inheritance money and pretending they didn't have it until retirement.
It is natural to dip into the increased disposable income and expand your budget when you pay off mortgages/auto loans and free up income.
It is natural to dip into the increased disposable income and expand your budget when you pay off mortgages/auto loans and free up income.
Posted on 2/12/15 at 1:53 pm to bayoudude
Yep, I had a similar situation. It was a nice chunk and will definitely change my life in the future, but today I can't touch it.
And if you are only receiving advice from family and friends that's good, it was very frustrating when they start asking you to give them $
And if you are only receiving advice from family and friends that's good, it was very frustrating when they start asking you to give them $
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