I will profit around 100k, suggestions on where to put the money?
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I am selling my first house that I bought when I was 20, I am now 34.
I owe $200k on my current home at 3%. My cars are paid off and I have no other debt.
I only have roughly 50k in my 401k and have a 529 for my sons.
My husband works as well but only started his 401k last year. Together our annual income is roughly 125k-140k.
I will profit around 100k, suggestions on where to put the money?
I would start maxing out each of your 401ks and Roth IRAs if you aren’t already.
Was the house yours prior to marriage?
If so keep that money separate from any co-mingeled funds/accounts