My dad died earlier this year and I'm about to inherit around $175K as the main beneficiary of his IRA. I'm 27 with only relatively small savings and investments (around $30K) so I haven't seen a need for a financial planner yet. But from reading a bit on inherited IRAs, they sound pretty complicated, at least in terms of yearly minimum withdrawals, and I feel like I will need an advisor to help me.
The thing is, I have no idea where to start. My family has never used a financial planner so I have no connections there. The planner my lawyer recommended is through Edward Jones, but reviews of EJ don't sound promising. I've done searches of local CFPs but I'm not sure what to look for. Should I be searching for ones specializing in anything in particular, since this seems like a very specific need?
Any and all help is greatly appreciated!
Submitted November 13, 2018 at 09:45AM by yourwordsarewind https://ift.tt/2TaaHRx
