349. Inheriting Money: What to Do First?
About this episode
This episode discusses the first steps to take after receiving an inheritance and the common mistakes to avoid.
Over the next two decades, an estimated $124 trillion is expected to pass from one generation to the next. For many people, receiving an inheritance can feel overwhelming. The first challenge usually is not deciding how to invest the money. It is knowing what to do next. In this episode of A Wiser Retirement® Podcast, we discuss the first steps to take after receiving an inheritance, the common mistakes to avoid, and why it is important to pause before making major financial decisions. An inh...
People in this episode
Host: Wiser Wealth Management
Topics covered
- inheritance
- financial decisions
- investment
- money management
- common mistakes
Mentioned in this episode
Organizations: Wiser Wealth Management
More episodes of A Wiser Retirement®
- 350. Can a Pilot Retire at 55? Running the Real Numbers
- 348. How Do You Build Generational Wealth?
- 347. If Time Were Money, Would You Be Broke?
- 346. Estate Planning Coordination: How Your Attorney, CPA, & Financial Advisor Work Together
- 345. Are You Reacting to the Headlines or Sticking to the Plan?
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