I have 150k sitting in my savings, but the savings returns percentage is a pittance.
Financial situation:. Late thirties, single parent of a young child. Income is 90k. I max out my 401k and Roth IRA contributions yearly. Roughly have 600k in retirement accounts (401k and IRA) Debts I have left are just my mortgage. I owe 300k. I have about 14 years left on a very low interest mortgage. Home value is about 600k.
I am frugal and good with budgeting but I don’t know diddly squat about the market or how to invest. I worry that letting it sit will just devalue the amount. I haven’t seen any savings account offer a decent % though. I considered real estate but prices are ridiculous. So what do I do with it?
Submitted December 01, 2021 at 11:44PM by TekkenVladmir https://ift.tt/2ZLJgFD
