25/09/2025
Sounds like it is a very smart decision but actually there is a way better. You can take the entire payout and lock it into an income generating model that pays you monthly. With rates of a minimum 5%, it is already minimum 4.1k income monthly. It is already sufficient as instalment for the property you want, AND still have the million dollar in your account.
If you really do come across such large inheritance / winning recently, let us know to how to optimise your finances to the best.