Hi all. I am about to sell my business and after the broker's fees, I'm expecting to receive around ~300K from it (pre-tax). I am 36, have zero debt, and max out both my and my husband's retirement accounts each year. We don't expect any major life changes or big purchases soon.
I'll start working again or build another business in a few months, but I'm good at living a frugal life so it's enticing to figure out how to best make this money work for me long-term and take withdrawals from it.
Outside of putting the taxes I'll pay into a high-interest savings account for the next year, I am considering investing the rest of the ~250K lump sum into an S&P or Total Stock fund, taking anywhere from 1K-2K a month out of it as needed over the next decade or longer. I'll be working again sooner than later, so I don't have to necessarily withdraw from this fund when the market dips. Otherwise, I know there have to be some errors in my thinking here and I feel like I'm missing something (DCA, other wiser choices, etc.). I'm pretty good with the financial stuff, but not as good as others on this forum. I appreciate any help or insight!