The Pete the Planner® Show

Ep. 338: Inheritance Is Coming. What Should I Do?


Listen Later

Familiar and funny as ever, Pete and Damian disagree. Our regular listeners will know what an occasion this is. "I'm going to receive a $130,000 inheritance. What should..." WAIT! Before you tune out the rest of the question, there are some home-buying gems you should hear in this show.


Can't listen? Check the Show Notes!


Show Notes:

  • The writer has a $130K inheritance coming. While we listen with jealous ears, he writes should he use it to pay down his current mortgage, or save the $130k for the next home purchase? How should he use the inheritance in the smartest way possible?
  • Without knowing all of the details, Pete and Damian discuss the range of options with two different time horizons: 10 years from retirement and 30+ years from retirement.
  • Peter and Damian disagree, one claiming a better option would be to grow the $130 through market instruments, and the other backing a more cashflow-forward approach.
  •  

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Pete the Planner® ShowBy IBJ Media

    • 4.6
    • 4.6
    • 4.6
    • 4.6
    • 4.6

    4.6

    245 ratings


    More shows like The Pete the Planner® Show

    View all
    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,552 Listeners

    The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

    The Stacking Benjamins Show

    1,992 Listeners

    Sound Retirement Radio by Jason Parker

    Sound Retirement Radio

    451 Listeners

    Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

    Your Money, Your Wealth

    809 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,311 Listeners

    Retirement Starts Today by Benjamin Brandt CFP®, RICP®

    Retirement Starts Today

    530 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    754 Listeners

    Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

    Big Picture Retirement®

    549 Listeners

    Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

    Stay Wealthy Retirement Podcast

    673 Listeners

    Inside INdiana Business Television Podcast by IBJ Media

    Inside INdiana Business Television Podcast

    14 Listeners

    The Boldin Your Money Podcast by Steve Chen

    The Boldin Your Money Podcast

    198 Listeners

    Retire With Purpose - The Retirement Podcast by Casey Weade

    Retire With Purpose - The Retirement Podcast

    582 Listeners

    Earn & Invest by Jordan Grumet (Doc G)

    Earn & Invest

    439 Listeners

    The IBJ Podcast with Mason King by IBJ Media

    The IBJ Podcast with Mason King

    49 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    810 Listeners

    Business & Beyond with Gerry Dick by IBJ Media

    Business & Beyond with Gerry Dick

    52 Listeners

    The Freedom Forum with Angela B. Freeman by IBJ Media

    The Freedom Forum with Angela B. Freeman

    4 Listeners

    Retirement Planning Education, with Andy Panko by Andy Panko

    Retirement Planning Education, with Andy Panko

    910 Listeners

    The Indiana Lawyer Podcast with Maura Johnson by IBJ Media

    The Indiana Lawyer Podcast with Maura Johnson

    7 Listeners

    Catching Up to FI by Bill Yount & Jackie Cummings Koski

    Catching Up to FI

    345 Listeners

    Indiana 250: Off the Record with Nate Feltman by IBJ Media

    Indiana 250: Off the Record with Nate Feltman

    7 Listeners

    Inside INdiana Business Radio On Demand by IBJ Media

    Inside INdiana Business Radio On Demand

    4 Listeners

    Beyond Clarkonomics: How the Fever’s evolution is transforming a sports capital by IBJ Media

    Beyond Clarkonomics: How the Fever’s evolution is transforming a sports capital

    0 Listeners