Ely recommends putting the money in safe, short-term investments and not even touching it for the first six months. Then ask your advisors is to put together an investment portfolio divided half-and-half between equities (such as stocks) and fixed income (like bonds). Don’t fall for investments that you don’t understand or that sound too good to be true.
(iStock) More from Forbes
: The Biggest Lottery Winners Ever 15 Top Foreign Retirement Havens The 25 Best Places to Retire The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.