2HOTinPHX
Full time employment: Posting here.
About to receive inheritance check from sale of parents house. Unfortunately it was too expensive for any one sibling to buy out the other three so we all agreed best to sell.
Not sure what to do with the money. Its in the low 6 figures and I want to put most of it towards retirement funding. It will help us feel a lot more comfortable when we get ready to retire.
Its just the wife and in our late 50s Still Working and no kids.
House is paid off and zero debt.
Timeline for needing money probably 5 to 10 years. Would like to invest it total stock market funds but feel like we would buying at high point right now.
Seems there is no where to put this money and get a decent return without large risk. We are probably overly weighted in stocks verse bonds right now but its been ok so far. Any suggestions?
Not sure what to do with the money. Its in the low 6 figures and I want to put most of it towards retirement funding. It will help us feel a lot more comfortable when we get ready to retire.
Its just the wife and in our late 50s Still Working and no kids.
House is paid off and zero debt.
Timeline for needing money probably 5 to 10 years. Would like to invest it total stock market funds but feel like we would buying at high point right now.
Seems there is no where to put this money and get a decent return without large risk. We are probably overly weighted in stocks verse bonds right now but its been ok so far. Any suggestions?