It’s Sunday, which means...It’s recap time! This week’s theme was what do I do with my inheritance money? 

Here’s what I covered in each episode this week:

• How To Waste Your Inheritance where I talk about some of the biggest mistakes made when you have a windfall inheritance
• Then I talked about Why The First 6 Months After Receiving An Inheritance Is Critical and why you shouldn’t make any big spending decisions in that first 6 months for a variety of reasons. 
• Next we looked at a hypothetical scenario of what to do with $1 million inheritance 
• Finally, we wrapped up by talking about 3 smart ways to use your inheritance and planning for your own wealth transfer wisely to the next generation

Hopefully after listening to the One Minute Retirement Tip podcast this week you have a better idea of how to wisely spend, save, and invest any future potential inheritance you might receive. The average inheritance received in 2016 was about $295,000, and it’s likely that most of you listening will receive some inheritance. Most of us prefer not to think about our parents dying, but that means that we also put off thinking about our potential inheritance. Until the day comes when you’re forced to deal with it. So I tried to help prepare you this week how to handle an inheritance wisely. 

Tomorrow, we are starting a brand new theme: early retirement offers - should you accept?

With many companies struggling due to the pandemic, I’ve had several clients accelerate their retirement plans or fear that their early retirement would be forced upon them as the companies they work for limp along and look for ways to cut costs.

But what if you’re offered an early retirement? Should you accept it? I’ll help you consider what to do if that happens to you next week. 

Also, be sure to check out my YouTube channel - True North Retirement, where I post a new livestream every Monday. Each week’s livestream is a deeper dive into the theme for the week, so if you want to hear more from this week’s topic head on over to True North Retirement on YouTube and subscribe. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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