Ask Terry Questions Inherited money

Inherited money

By Terry Savage on May 31, 2019 | Chicken Money

Recently inherited money from my family.
I want to get 5 percent a year return.
I’m 64 and need this money for retirement.

One friend — a investment advisor–  suggested PG. ? “Can we talk”?

Terry Says

I’m talking to you now.  That “investment advisor” is NOT your friend.

Put the money in bank CDs where you will get a little over 2 percent return — but you won’t LOSE any of this money!  There is nowhere “safe” that you can earn 5 percent in today’s world. Anyone who offers that is either lying about the return — or lying about the risk of loss!

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