Mid 40s - recently sold company, generated significant payout and still working under contract at 250K ending 6/30/18. Planning to semi-retire, not actively search for work, but consider different opportunities related to my skill-set, while pursuing personal interests, more time w/family. Ballpark estimates of aggregated accounts:
7M (cash)
400K (IRAs)
250K (US stocks)
1.5M (home)
No mortgage, no debt
Married, 2 young kids, decent monthly overhead, think northeast upper middle class suburb - high taxes, etc. Looking to generate safe, tax efficient return and not turn this over to a financial advisor if possible. Have attorney for wills and estates, medical coverage through next June 30, and have COBRA option for 1.5 yr after as needed. Lastly, I realize this is a very fortunate position, and am very thankful to be in this position which was self-made. Any serious input you have would be much appreciated if you were in this position. Thank you very much!
7M (cash)
400K (IRAs)
250K (US stocks)
1.5M (home)
No mortgage, no debt
Married, 2 young kids, decent monthly overhead, think northeast upper middle class suburb - high taxes, etc. Looking to generate safe, tax efficient return and not turn this over to a financial advisor if possible. Have attorney for wills and estates, medical coverage through next June 30, and have COBRA option for 1.5 yr after as needed. Lastly, I realize this is a very fortunate position, and am very thankful to be in this position which was self-made. Any serious input you have would be much appreciated if you were in this position. Thank you very much!