[USER]

What would you do with a bonus that will be about $55,000 take home after taxes? 401k gets maxed out every year and emergency fund fully funded (at least I think it is).

Only debt is $177,000 left on mortgage with 2.75% interest rate.

I usually put some aside for home projects, but don’t have any that should be coming up this year.

I will earmark a portion for some recreational plans I have that include a few vacations but want to get thoughts on what people would do with the rest.

Also will put aside about $7k-$8k for property taxes, $1k for Condo insurance.

Thoughts/advice? Lifestyle is single, mid 40’s, no kids.

[Jenn]

Brokerage account for all of those after tax dollars.
Do you have a Roth? If not, open one.

If you make too much, research backdoor Roth.

Roth 1st, then brokerage.

[Kathy]

I would open a brokerage account to bridge if I retire early.

[Corey]

Yea, invest it in the market, its’ a great time to get in and hold.

[James]

I’d put in a brokerage acct. don’t pay down the mortgage at 2.75%

[Rachel]

I’d invest it strategically. Conservative income funds would be a good choice. Primarily bonds with dividends.

It will remain mostly stable through the turbulence we’re about to experience.

[Author]

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