GRFTFS: Smartest Way to Use an Inheritance?

"We’re in our early 50s, and my wife is inheriting around $200,000. What’s the smartest way to use an inheritance in your prime working years?" We're answering YOUR questions on this week's Get Ready For The Future Show!

My husband and I are considering buying long-term care insurance, but the premiums are steep. Is there a point where it no longer makes sense? I’m 45 and just now getting serious about retirement with very little in savings. Is it too late to catch up and still retire in my 60s? My spouse is retired and I’m still working. Where do we even begin with coordinating withdrawals, Social Security, and taxes?!

And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!

Originally aired 7/2/2025