Navigating a job offer while considering a counter from my current employer

I recently received a job offer that includes a better title and a 20% salary increase compared to my current position. While I would prefer to stay at my current job, I would need them to match the new offer to make that happen. I'm feeling uncertain about when to bring this up with my employer. My plan is to wait until I’ve officially accepted the new job and the background check has cleared before approaching my boss. I’m worried that if I ask them to match before securing the new position, they might not agree, and then I could end up in a tough spot if something goes wrong with the new job. I know it's a tricky situation, and I’m looking for advice on how to navigate this without burning bridges.

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