I’m 58 and just inherited $400,000 – Should I invest it all at once or play it safe?

24/7 Wall St.

Meet Tom, a 58-year-old marketer who recently inherited $400,000 in cash and taxable brokerage assets. This inheritance has effectively doubled his net worth, as he already had around $400,000 saved in his retirement and investment accounts. While this windfall should feel like a financial blessing, Tom is filled with anxiety. With the stock market hovering […]

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