Hey everyone, so I won't go to far into details, but basically my wife is going to be inheriting a large amount of money from her estranged father. After everything is said and done, the sum will be roughly 10 million dollars.
This is a huge amount of money to us and will completely change our lives. Right now I make around 70k/year and my wife around 45k/year. We bought a house in 2017 for 220k with 190k left on it. Collectively we have 20k in line of credit/credit card debt. I also have a truck that pay 640/month with just under 4 years left.
Basically, we want to live comfortably off this money for our lives without having to work. We are not very educated on investing money and we are looking for advice on what we should do to achieve our goal. Any help would be greatly appreciated! Thank you!
EDIT: We are located in Ontario, Canada. All money mentioned is in CAD
Submitted April 17, 2021 at 06:09PM by bigcheesey420 https://ift.tt/3ahov6Y
