My wife and I just sold our business after starting and running it for 18 years. Sale gave us $6.6M cash and a $2M rollover equity stake in new company. We are staying on with the new company for several years so we have no need to touch the $6.6M cash. We anticipate the rollover equity stake to produce a pretty good return, but we want to make sure that the $6.6M is safe and grows at 5% or so to mitigate any risk in the rollover equity. Received a good bit of advise from some planners. Most sounds similar, but we are scientists not investors.Any input from the forum here would be great as a reality check.
I didn't find the right solution from the internet.