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[quote=Anonymous][quote=Anonymous]Too much in cash

First, the poster who said to put into a Roth is right. After 5 years you can withdraw the original contribution any time without penalty or tax. That said putting it in a Roth only works if you then invest the Roth funds.

You have so much in cash it is inflation considered going down in value.  Mixed of stocks and bonds should enable you to almost always be able to withdraw cash without loss. I’d keep no more than $100K absolute max on liquid assets. Personally I’d keep less.

And open a HELOC in your house. Don’t ever plan on drawing on it but you should have one for emergency access (literally everyone without copious liquidity and marketable securities should have one)[/quote]

Thank you — yes, the HELOC is a good idea that I really should implement.  To date, I’ve been hesitant to do this for two reasons:

1). I believe the interest rate currently would be something like 9.5% (yikes) if I ever needed to access it, so definitely not cheap.

2). It harkens back to the pre-2008 era when people were using their houses as ATMs to do renovations and buy SUVs, and of course we know how that story ended.[/quote]

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