Powerball windfall: Strategies for the suddenly wealthy (Komo News)

//Powerball windfall: Strategies for the suddenly wealthy (Komo News)

Powerball windfall: Strategies for the suddenly wealthy (Komo News)

By Connie Thompson

Komo News

The mere thought of sudden wealth triggers lofty visions. Virtually everyone has a plan.

But whether it’s 1.5 Billion, or several hundred thousand- money experts say the first thing to do- is nothing.

“Don’t quit your job right away.” , said Certified Financial Planner Ted White. “Don’t go out and make a big purchase right away. Don’t alter your lifestyle right away.”

White and his colleagues at Blue Canoe Financial Planning in Seattle are used to helping clients people who come in to big money. They say the key to coming out ahead in any big money game is to think like a coach- and assemble a strong team to that has your back….

 

Read entire story at Komo News

2017-06-23T22:11:01+00:00

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