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Reply to "What to do with an extra $750K?"
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[quote=Anonymous][quote=Anonymous]"This is the the worst advice ever. The OP is coming into a windfall, and you guys are giving her advice that keeps her in debt or worse, puts her in MORE debt" I'm the pp who wrote this and would like to add - instead of these options, 1) pay off your student loans, all of them 2) pay off your mortgage You are now debt free in DC with a comfortable HH income. Congratulations! Now, take the money you were putting towards your student loans and mortgage and start aggressively saving for your addition, your new car, and your children's tuition. [/quote] We dont have enough to pay off the mortgage and the loans - mortgage balance is approx $300K and our rate is low, like 3.5%. [/quote]
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