3M Benefits

Can we afford $1.3M home? Our household income is $240k and have $400k for down payment after selling all stocks.

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Looking for advice on what’s the best wealth management approach going forward. Im about to inherit around 3M in assets split between cash and real estate. My previous experience was managing my own IRA and 401K stuff. I have decent financial literacy through college and work in the FS industry. But given this amount is much larger than my previous account balance, I’m curious if a wealth management firm would make sense or should I invest like I did before?

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Anyone thinking of hiring their babies/kids as photo models etc under an llc as a means of providing them enough earned income so that you can fund their rothira early on so they can have the millies when they retire? Just 6k in s&p500 in a newborns account could turn into 3M by retirement without putting in another penny 😂 , 12k into 5M. Assuming USA doesn’t go to crap in the next 65 years.

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