Looking for suggestions on investment strategy. In two years our house will be paid off and our retirement investment will look like this:
Pension $6,000 (required)
Roth IRA’s $11,000
401k Roth $18,000 (not matched)
457 Roth $18,000 (not matched)
Then what? We’re hoping to have some money left over after that. It appears grandparents are going to have 529’s for our two kids college (3, and 6 month old). We will open them in our name so incase there is extra it can be passed down a generation with not tax implications.
I am 31, spouse is 27. We have 8 paid for rentals, but I work a full time job and have two little ones, so more rentals will not be an option for the foreseeable future.
Planned retirement age is 50 so we will need to bridge that 9 year gap as well.
Looking for suggestions!