We sold our house recently for a nice profit, and since we put down just 20% for the new one, we have some left over to invest. After paying off a car note and replenishing our emergency fund, we have about 26k to invest. I don't want to have it all tied up in retirement accounts right now due to my wife staying at home with our daughter and thus not being able to save a ton.
I have a 403b as well as a 457 that I am only putting about 5% in each, so those are options, but it doesn't seem possible to just deposit a large chunk into those accounts.
I thought about opening Roth and Traditional IRA's for both me and my wife in a Vanguard mutual fund. Thoughts?