u/Dense-Leg-6087

I have 200k from a house buy out and 80k from a 401k. Total 280k. I am 50 years old. I work as a warehouse manager making 70k per year. I am currently renting a small apartment in Valparaiso.

I have no idea what to do with this money. I feel like I should buy a small condo but interest rates are high. Or maybe I should invest the money and keep renting.

A guy at work told me to talk to Harvest Wealth Partners. He used them after a similar situation a few years ago. I met with them last week. They did not pressure me. They just asked about my goals and explained the tax side of buying versus renting.

Anyone else been through this? Did you buy or rent? And how do you trust yourself with a lump sum after a big financial change?

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