Janet Bodnar on Muck Rack

Janet Bodnar

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Washington, D.C.
As seen in: Kiplinger, MSN, MSN UK, Yahoo Finance, Chicago Tribune, Flipboard, Baltimore Sun, Nasdaq, The Epoch Times, Yahoo, South Florida Sun Sentinel and
Editor At Large of Kiplinger's Personal Finance magazine; columnist, speaker and author of Money Smart Women and Raising Money Smart Kids; Steelers fan
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Articles

What to Do With a Windfall to Avoid Making Permanent Financial Mistakes

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By Janet Bodnar Verified
| Inkl
Two people holding each other's hands against a black background. There's a lot of chatter about the Great Wealth Transfer — as much as $124 trillion that’s predicted to pass between generations over the next couple of decades. And much of that is likely to end up in the hands of women. Among people who inherit, there’s a tendency to want to do one of two things, says Armstrong: pay off the mortgage on the house or take your dream vacation. But before you do anything, consider the tax implications.
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What to Do With a Windfall to Avoid Making Permanent Financial Mistakes

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By Janet Bodnar Verified
| Kiplinger Verified
Follow us Add us as a preferred source on Google Subscribe to our newsletter There's a lot of chatter about the Great Wealth Transfer — as much as $124 trillion that’s predicted to pass between generations over the next couple of decades. And much of that is likely to end up in the hands of women. If you’re fortunate enough to inherit a windfall, be prepared to be patient.
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What to Do With a Windfall

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By Janet Bodnar Verified
| Yahoo Finance Verified
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Getty Images There's a lot of chatter about the Great Wealth Transfer — as much as $124 trillion that's predicted to pass between generations over the next couple of decades. And much of that is likely to end up in the hands of women. If you're fortunate enough to inherit a windfall, be prepared to be patient.
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