Decided it's a good time to get out of the landlording gig. The housing market is great for sellers, and all our tenants are moving out soon. After expenses and tax will probably net 450K.
Primary residence is worth 400K with about 200K 4.25% mortgage 25 years left. Was planning to pay off the mortgage which would free up about 12K per year.
Another option is to refinance, can get 3.25%, but I'm inclined not to since we want to move in 2-3 years.
Anyway, we will have 250K$ left. Where would you invest it? we have at least another 5 years until completely FIREd.
Currently, both my spouse and I have 401Ks that have traditional and Roth options, and Roth IRAs. We almost max both most years, so even after maxing all accounts this year + maxing 529s (we get state tax deduction so it's worth it) we can still have about 200K to invest.