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Reply to "OK, the $2M is in the account now. What next?"
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[quote=Anonymous][quote=Anonymous]How old are you? Under 45, put at least 500K into investments immediately with the help of a financial adviser to get a jumpstart on retirement. Over 45, I'd double that figure. Don't buy a house yet, this market is stupid. Two million is NOT that much money even though I know it feels like it is. It will be gone like THAT if you start spending it now. How is your retirement now? What's your living situation like? Do you both work? Do you like your jobs? Two million could be a great jumpstart toward something new, but you are in no way set for life.[/quote] Thank you for that. Yes, it could be spent in an afternoon (real estate). It is going into retirement. Even when we think we are being careful, it can melt away. It is a lot of money, but not if we are not careful. [/quote]
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