u/FlipprDolphin

44 years old; 100k in HYSA, 30K in regular savings, 70K in a Schwab account; what to do?

Hi all,

So as stated from above I have:

100K in a high yield savings account (around $310 a month from it)

30K in my regular bank savings account

70K in a schwab account that my dad set up a long time ago. It has GAB, VLY, BARAX, BSCFX. Not really married to any of those.

I would like to go into dividends for income and growth. A nice vacation seems nice to have. My wife will be starting her nurse job soon too; so yay for second income.

My main question is what should I do with the 100K in my high yield account, and are any of those stocks worth keeping?

I get to retire in around 7.5 years too through the state and will have 75% of my salary for retirement (around 88k a year).

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u/FlipprDolphin — 3 days ago