We Just Inherited $2.5 Million—How Do We Manage It Wisely?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Business, Investing

4.6 • 3.6K Ratings

🗓️ 1 June 2026

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

⁠💵 Sign up for EveryDollar today - Create a free Budget!⁠⁠⁠⁠⁠⁠⁠ Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro:⁠⁠ ⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SmartVestor Investing Professionals⁠⁠⁠⁠⁠⁠⁠) #PaidEndorsement 📝Get your free copy of Ramsey’s Complete Guide to Investing: (⁠⁠⁠⁠⁠⁠⁠Ramsey's Complete Guide to Investing⁠⁠⁠⁠⁠⁠⁠) 🏦Take a retirement assessment to find out how much you’ll need to retire: (⁠⁠⁠⁠⁠⁠⁠Retire Inspired with the R:IQ Retirement Assessment⁠⁠⁠⁠⁠⁠⁠) 📈See how much your investments could be worth over time with this handy calculator: (⁠⁠⁠⁠⁠⁠⁠Investment Calculator⁠⁠⁠⁠⁠⁠⁠) 🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (⁠⁠⁠⁠⁠⁠⁠Ramsey Investing Tools and Resources⁠⁠⁠⁠⁠⁠⁠) Listen to more from Ramsey Network: 🎙️⁠ The Ramsey Show ⁠ 💸⁠ The Ramsey Show Highlights⁠ 🧠⁠ The Dr. John Delony Show⁠ 🍸⁠ Smart Money Happy Hour⁠ 💰⁠ George Kamel⁠ 🪑⁠ Front Row Seat with Ken Coleman⁠ 📈⁠ EntreLeadership⁠ ⁠Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by SmartVestor.
0:07.8	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.7	Kyle in Lansing, Michigan is up next.
0:17.4	Kyle, welcome to the show.
0:19.3	Hey, Rachel.
0:19.9	Thanks for taking my call.
0:20.9	Absolutely.
0:21.5	How can we help today?
0:23.0	Well, a few months ago, we lost my mom to an unexpected heart attack.
0:32.3	Oh, my gosh.
0:33.2	I'm so sorry.
0:34.9	How old was she?
0:36.6	79.
0:38.2	I'm so sorry. Lost was she? I'm 79. I'm so sorry.
0:39.8	I lost my dad five years ago to cancer, and I recently came into a sizable amount of money,
0:48.6	and I just want some opinions on how to not lose it.
0:55.0	Okay. What does a sizable amount of money mean?
0:57.0	It's a touch over two and a half million.
1:00.0	Okay.
1:01.0	Was this from mom's estate or what?
1:04.0	It is.
1:05.0	Yeah.
	...

Transcript will be available on the free plan in 25 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.