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

Posted on 2/12/15 at 12:33 pm to
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 2/12/15 at 12:33 pm to
quote:

be sure to get it right and talk to at least 2 professionals and decide whats best for you.

Such good advice. One is not enough....you are admittedly a novice, and you won't have enough experience to differentiate the slick salesman from the legit advisor. So so so many slick salesmen who are willing to sell you things you don't need, or complicated things that are wasting your money.

Also, get a few books on personal finance from the public library and start learning. With money comes a responsibility to understand it.
Posted by bayoudude
Member since Dec 2007
25000 posts
Posted on 2/12/15 at 1:09 pm to
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.
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