Lottery Winner | Investing Strategy for Windfall




The Rob Tetrault Show show

Summary: PAUL - You and your practice have dealt more than once with big lottery winners. What do you do with, with the people who have scored big windfalls all of a sudden like that? ROB - It depends on where we're at in the market cycle, but the first part there is the emotional advice because that becomes tough. That’s one thing we advise folks to do and then the most important thing is cash flow projection because sometimes they want to retire and they just want to stop working and retire.