Ask Terry Questions What to do with an inheritance

What to do with an inheritance

By Terry Savage on June 15, 2024 | Chicken Money

I will be receiving about $250,000 as an inheritance (after paying off all credit cards and loans.)
I will be retiring in 2 years and would like to know the best place to put this money without being taxed to death. Also, a place that I can access it in case of emergency.
Thank you

Terry Says

Well, I don’t think you want to be speculating with this money, so I’ll suggest the safest investment of all — US Treasury Bills, with 3 and 6 month maturities.
Read this foe everything you need to know about buying them:

T-Bills beat CDs

 

 

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