Until my CD matures. A little background about me. Widowed in 2009 at age 45, luckily had life insurance so I didn’t lose my home. I paid it off. Put most of the rest in laddered CD’s. The last matures in 9 days. It is worth $188K. I’d like some advice on what to do with it now.
I was lucky enough to find a wonderful man again and we recently married. Have thus far kept our finances separate but may join them at some point. I sold my house and we live in his now. My only expenses are food and gas. He pays everything house related.
I work 30 hours a week as a nurse, make $30/hr, contribute $17,500 to my 401K, get an employer match of 8.9%, and I put in $5K/yr to my Roth IRA. Here are my own current assets (I have no debt):
Checking account (earning .25%) $1,064
Savings account (earning .75%) $80,599
Money market account (earning .75%) $116,330
CD (earning jack shit) $188,500
Retirement accounts (Vanguard IRA Target Fund 2030) $102,929
Retirement accounts (Vanguard Roth IRA Target Fund 2030) $31,877
Retirement account (Vanguard Employer Plan Target Fund 2030) $21,110
I will also receive maybe $65K when my recently deceased parent’s home sells.
2010 Subaru worth about $20,000
I seem to be paralyzed with how to invest my CD and also the money gained when the house sells. Do I invest in Vanguard index funds? I’ve read every MMM post and know that I can’t just let it earn a paltry amount in a CD. I also know that I have way too much just sitting in my MMA and emergency savings account. My current net worth is over $600K and yet I’m afraid that I won’t be able to support myself should I lose another husband, who by the way is in great health. I’m tired of working my ass off as a nurse for very little praise and I want to retire ASAP so that I can thoroughly enjoy my life and new husband.
All advice welcome and appreciated! Thanks!!!