I’m 40 and my mom just died — leaving me a $3.25M inheritance. How do I make the most of this sudden windfall?

According to Northwestern Mutual, $90 trillion will transfer to younger generations in the coming years [1]. Must Read That's a lot of money and it will be important for those who receive a share of it to make smart choices. According to the survey, among those expecting to receive an inheritance, half (50%) consider it "highly critical" or "critical" to their long-term financial security. Rebecca, 40, says she has inherited$ 3 million in stocks and $250,000 in cash, and has a$ 100,000 mortgage and $25, ...