I'm looking for some expert input in terms of how I'm doing from a financial standpoint based on my age and situation. I would also appreciate any advice to secure a healthy retirement/life for my wife and I.
33years old with combined savings of 340000(wife and I), no kids, no mortgage, Stable employment. 45k in separate retirement fund. Yet to purchase property.
I have a plan to not follow the sheep, to save enough to buy an apartment outright without having to lean on a bank for assistance. Is this a silly idea? This would mean that I would be using all my savings on a property resulting in a flip situation to where I'm currently placed (cash savings).
I could potentially hold off purchasing property and utilize the savings that I currently have to invest and grow more organic funds but am unsure of the risk with investing in shares/bonds and how safe it is etc. can you recommend any investment options?
Appreciate any insight or guidance
Submitted June 21, 2017 at 05:21PM by samgoldman1 http://ift.tt/2tPxT9Y
