#windfall

What to do with a windfall?

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What to do with a windfall? My wife(26) and I(27) were involved in a trucking accident and are looking at about $500,000 after lawyer fees and expenses. What’s my best move with this money? I would like to get into Real Estate or acquire an existing business but also would like to set me and my wife up to not have to work until we are 70. Our only consumer debt is 2 cars w…

Reddit Personal Finance 804 2024-11-03

What to do with windfall

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What to do with windfall Crazy story. Years ago, I opened an investment account with a company called Jack White, never did anything with it. That company was sold to TD Waterhouse and then to Ameritrade, now apparently my account is Schwab. Never had a lot of money in it — never had money haha. At some point when my account was Ameritrade maybe, I bought some stock in…

Reddit Personal Finance 1.2k 2024-07-16

What to do with 60k windfall

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What to do with 60k windfall I’m seeking advice to do with a tax free 60k windfall, I am 36 years old. My Current situation before the windfall is 30k in hysa, 43k in Roth 403b, 4K in Roth IRA, 1k in Tbills. 2500 at 5% student loan 1. 4500 at 3% student loan 2. No credit card debt. Car is paid. 900/month in rent (roommate situation) My current plans were to change my 401k …

Reddit Personal Finance 632 2024-06-10