Hi,
I'm fortunate enough to be getting a $25K bonus in Dec. What should I do with the money?
About us:
35 years old
$250K in 401K
$40K in Roth
$60K in savings (I know...I need to invest)
$200K equity in rental property
$150K equity in primary residence
zero debt except for Mortgages
I've only contributed $5K into 401K this year and zero into Roth.
I have a feeling I should start investing the funds in a regular vanguard brokerage account so that we can access the funds when do to the Roth IRA conversion ladder in 10 years. Thoughts?
Thanks