Hey All,
I've worked a job making 70k a year for the past 3 years and have saved away 90k of what I've earned in that time. Come February, I will be quitting that job in order to take part in artistic residency. After the residency, I plan to travel for a few months. When I return home, I live in a major metropolitan city, I will likely get a more low key job working at a coffee shop or bookstore while I apply to grad school.
Basically, I have this large sum of money and want to figure out the best way to set myself up for the future. I should probably start a Roth IRA with some it? I've also looked into some SRI Rabo-Advisors. Do people recommend Wealth Simple? Betterment?
I also don't want to invest everything as I will likely be using this nest egg to supplement my income for some time.
Other Info
- Zero chance I stay at this job longer or return to a similar job when I come back home. It's made me incredibly unhappy and I'm steadfast in my current life trajection.
- I would prefer to invest in systems that are incredibly hands off. I'm not the type of person who will be checking my account every day. I definitely don't want to be trading stocks myself.
- I know people might disagree with this on this sub but I'm only willing to invest in SRIs, preferably ones that have a great amount of emphasis on helping the environment.
- I live pretty frugally, I'd estimated my monthly budget is in the 1500-1800 range. I could probably scale back even more once I don't have such a large paycheck coming in.
- I also have no debt!
Any and all help is appreciated!
Submitted November 27, 2018 at 09:29AM by captainculpepper https://ift.tt/2P4z2oA