If this is in the wrong thread please re-direct me.
After a recent settlement, my financial situation will be +165k. I put 50k in an annuity account (20k for 5yr and 30k for 10yr.) My next step would be to pay off all debts that are in my/wife's name. Which I believe will be around 25k. I have a son who is 7 and of course, I want to take care of him in the long run. I have no knowledge after that of what to do to be smart about this money and was looking for advice. I am 31 years old, I do not own a house. I am interested in trying to make this money work for me. Dividends etc.
This money is from losing my mother and I really don’t want this to be mishandled. I don’t mind doing homework in this matter, just want to be pointed in the right direction. Any help would be greatly appreciated. Thank you all.
Submitted December 01, 2019 at 09:00PM by shutupmeg330 https://ift.tt/2P0R9h7
