What to do with 2 million dollars?
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Anonymous
| We are set to inherit $2M in the next few weeks. DH and I just look at each other. Overwhelmed. |
Anonymous
| Nice! |
Anonymous
| Call a fee only financial planner first thing Monday morning. |
Anonymous
| That's awesome. Agree with pp call a financial planner. Although investing is not what it used to be...if y do it right you can earn some interest income and use that rather than the money. I would say unless you have debt don't touch the money for a while! |
Anonymous
| Charity. Some, not all of course. Pick something close to your heart. |
Anonymous
| I'm so sorry for your loss? I think? Or maybe not? |
Anonymous
|
I recently also inherited 2 mil. it's a good idea to set up some monthly donations for causes you value. I chose Planned Parenthood, Doctors without Borders, and some organizations that help women abroad - micro finance, education, etc.
And yes, find a good financial planner. |
Anonymous
| College. |
Anonymous
| Pay off your mortgage, fully fund college for your kids and put the rest away for your retirement. Call a fee only financial planner. Also, get a will if you don't already have one. |
Anonymous
| ADOPT ME AND MY KIDS PLEASE. |
Anonymous
|
Diversified financial investments.
12 mo salary left in cash Pay off any loans over 4% Fund college if necessary Consider a trust for your kids |
Anonymous
|
My child's college fund.
Retirement, college fund, invest or pay off house, a nice vacation. Congrats. |
Anonymous
| What is your current financial picture, op? |
Anonymous
| Charity? I would give the first homeless guy I see, 20 bucks, and the rest to pay off debt, and then bank it. |