I have $100,000 sitting in my savings account and know I'm losing money thru inflation. I'm 40. Smoke and drink, so probably not the best health. My wife doesn't work and I'm currently making about $50,000 a year (Texas). My home is paid off and, currently, valued at $250,000. My 3 cars are paid off. Have 10,000 of credit line that's paid off and aside from a bunch of medical bills (not mine) have zero debt. I also have a $15,000 401k that I'm contributing to thru work and a $250,000 life insurance policy. I have no idea what to do with this money and feel like the stock and housing market is about to crash. My goal is to make sure my wife and 3 kids are set for life if anything were to happen to me.
Submitted July 04, 2021 at 02:50AM by thejunkaccount https://ift.tt/3ylKao1
