What to do with your inheritance

Transcript

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I'll be 66 next month. My first investment was a 401(k). My father just passed away. He was a big investor. And so I'm going to be getting an inheritance with his stocks. I've tried picking stocks. I'm really kind of more of a hands-off investor. I like the advice offering. I went to your website. There was a place that was like create an account. And you put your name in, and then they contacted you. And then I talked to a guy. He was a pretty fun guy.

You know, I really liked his no nonsense approach. He was like, OK so this is. This is what the fees are. This is what we're expecting. I thought it was really straightforward. I thought the whole presentation was just nicely done. It was a really good customer experience for me because it's super hard decision, right? Because you have to make that money grow for you at least not fall backwards.

So when I'm trying to retire here, then I don't have any money, I’d have to keeping working until I'm 95. It was good to feel comfortable with this person so that I could get my questions answered. And the guy that I was talking to goes, I'm going to put this on my calendar. And I'm going to call you on March 18. And we're going to get this money over, and then I want to be your financial advisor. And I was like, wow, that really kind of blew me away.

It was like wow, OK, I picked the right company. I've heard other people talk about it and always in the positive, so. Just give it to Vanguard, and we'll go from there.

This story is from an advisory client of Vanguard who was not compensated for the statement. This experience may not be representative of all client experiences.