Me and my wife both work (30s), and we have great jobs in a secure field (IT).
We are now maxing out 401ks, BD Roth’s, and contributing $1k/mo in our kids 529. We also have 6/mo expenses in a savings account. We are NOT cash rich nor do we have fat balances in any of these accounts as our income stability is brand new.
Our debt is zero beyond a mortgage and we are now ready to look for investment opportunities, of which our financial advisor is pushing whole life VERY hard.
Is it truly the secret to “tax free retirement” that I need to tap into that aggressively or am I better off looking at general managed investment funds? We are at a point we’re we aren’t really saving for anything and have an extra $3k-5k/mo that is ripe for investing. We already have large term policies and umbrella insurance and maxed out auto liability.
Submitted January 19, 2019 at 11:11AM by etblgroceries http://bit.ly/2AV9R3m
