For background: my wife and I are physicians in our early 30s. We are both practicing in our first year after completion of training, so our salaries jumped considerably. We are unlikely to consider home ownership for another ~2 years as we're trying to figure out where we'll live and work longterm.
We recently got married and I finally convinced her to total up her finances. She has $115k in a Vanguard 2050 target fund from a former employer. She otherwise has $60k in a Roth that's not actually been invested (sitting in a money market fund) and $315k in savings. This is all independent of our joint savings account and my investment accounts.
I'm setting her up on a monthly investment schedule going forward but I'm unsure how to best approach this ~$375k that's built up over the years. Obviously this much cash not getting anything in interest isn't ideal but I also don't want her to move into the market too quickly. Is $25k a month too aggressive or try some other approach? Any advice is appreciated - thanks!
Submitted November 24, 2020 at 09:22PM by steeler7588 https://ift.tt/3futRx1
