U.S. markets close in 1 hour 26 minutes
  • S&P 500

    3,913.86
    -9.82 (-0.25%)
     
  • Dow 30

    31,323.65
    -166.42 (-0.53%)
     
  • Nasdaq

    11,451.48
    +33.33 (+0.29%)
     
  • Russell 2000

    1,790.90
    +16.06 (+0.90%)
     
  • Crude Oil

    112.15
    +2.56 (+2.34%)
     
  • Gold

    1,839.50
    +23.60 (+1.30%)
     
  • Silver

    21.94
    +0.40 (+1.84%)
     
  • EUR/USD

    1.0602
    +0.0136 (+1.30%)
     
  • 10-Yr Bond

    2.8420
    -0.0440 (-1.52%)
     
  • GBP/USD

    1.2503
    +0.0161 (+1.30%)
     
  • USD/JPY

    127.6760
    -0.6210 (-0.48%)
     
  • BTC-USD

    30,185.77
    +1,070.44 (+3.68%)
     
  • CMC Crypto 200

    671.31
    +19.08 (+2.92%)
     
  • FTSE 100

    7,302.74
    -135.35 (-1.82%)
     
  • Nikkei 225

    26,402.84
    -508.36 (-1.89%)
     

I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling — will I have enough money?

·5 min read
I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling — will I have enough money?

First, develop a plan (some might call it a budget), said Robert Gilliland, managing director and senior wealth adviser at Concenture Wealth Management. Take into consideration every single possible expense you anticipate after your husband dies, and account for inflation as well. You can break these expenses down into the short term, such as one to five years, the intermediate term, which would be the six- to 10-year span, and the long term, or beyond 10 years.