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Question: "Hey! This is Speedy Gonzalez, I currently drive a 2015 Chevy Suburban and live in Western New York. My drink of choice is Tailwind Electrolytes to give me energy while I'm trail running the Adirondack Mountains. If running up mountains is not discouraging enough, I will listen to your podcast to make it a little more painful. I am kidding of course, I appreciate all the great information you provide in such a jovial way.
My 14-year-old is about to be awarded a settlement from a municipality for an amount just over 100k. I was informed that because he is a minor the investing options have to be principle protected. I don't want him to have full access to the entire amount when he is 18 for multiple reasons. I am concerned about it affecting his financial aid packages for college, taxes and I feel that it is a large amount of money to hand someone with such a small amount of life experience. I would greatly appreciate your spitball on the two questions below.
1. I've been told to use an annuity as a principal-protected investment because it would not impact his college financial aid as long as the disbursements were done correctly. Do you agree that an annuity is the best option or are there others that I should consider?
2. What is the best way to ensure the disbursements are done in way that will set him up for the most success? Thank you again for your spitball and I look forward to hearing your thoughts."

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