Investing settlement
My 37 year old daughter is going to receive a lawsuit settlement. How would you suggest she invest the majority of the money (that would be $100.000)? She will be paying off debt and keeping some of the rest of the settlement in savings.
Terry Says
That’s a big question. I don’t know her current financial situation, or life situation. A lot depends on her personal situation.
This is the perfect time for her to consult a financial planner whom she can trust. A FEE-ONLY, FIDUCIARY financial planner who is not trying to sell her something. The only way I know to find a carefully vetted advisor who will put her interests first is through Wealthramp.com. Click the box called “Find a Financial Planner” on my website or go directly. I get absolutely nothing out of this recommendation except the knowledge that she will be well-treated by whichever planner she chooses.
