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Reply to "Is this too much cash, or is it appropriate?"
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[quote=Anonymous]At 42 you need to be saving for retirement. So even $2k in a Roth acct is a start. Your contributions to the Roth can be taken out at any time, it is the Roth earnings that are subject to the 5 year rule. Back Door Roths, you will have to research that. You have way too much money in CDs, fixed income. You need to slowly diversify into the stock market, and that doesn't mean bonds, just more fixed income. You are self employed, so you need to investigate other types of accts for qualified money that will benefit you. SEP-IRA or your own 401-K. [/quote]
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