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Podcast: So Money with Farnoosh Torabi
Episode: 1263: Ask Farnoosh: OK to Cash Out My Life Insurance Policy? What to Do with a $50K Windfall?
Description: This weekโs Ask Farnoosh offers advice to a listener post-divorce on ways to think about re-establishing her financial life, as well as whether itโs OK to cash out a life insurance policy to use towards buying a home. How to establish boundaries with a parent thatโs financially dependent on you? And what to do with a $50,000 inheritance? (Replay from Sept 17, 2021)
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