Even AFTER doing that you have to plan on working it is NOT Enough to live off of, but if managed
correctly, could help you retire early. It is good you realized you made a BIG mistake, but do the right thing now. It isn't too late.
Good Luck!
Silver. Buy silver. Right now its trading ~$20 an ounce, and I think that's going to go up a lot within the next few years. 50 grand buys you a whole lot of silver.
"I'm scared that I will just live off this last $50,000 till its gone." You will unless you get a job and live within your salary.
on the plus side, you have $50k left to work with.
one of my cousins was your age when he was hurt on a job & won a $650k settlement. he pissed that settlement away within 18 months.
Also don't forget to search this on Google.
Well the title says it all I was only 18 years old, now turning 20 and I received a trust fund I had a $177,000 now I have a little over $50,000. I made so many dumb purchases, I regret spending my money so stupid. I should of been smarter now I have just a small chunk of change left and im scared that I will just live off of this last $50,000 till its gone, I need to do something to make this money last, I want to make some money off of this last $50,000 I want to invest, but I have no idea of what to invest in I just need some advice of what to do, I need someone to point me into a direction that makes sense