Well, you’re in good shape! Then answer to your investment question depends on your answers to some other questions:
- How much are you willing to lose? This is not a trick question. If losses would cause angst and destroy your retirement peace of mind, then you should invest conservatively. Being “all in” in the stock market (even in good stocks like the S&P 500) is not protection against losing as much as 50 percent — or more — of your money in a bear market. Do consider the possibility.
- If you don’t foresee spending any of this money, who is your beneficiary? And would you like to distribute some of the money in advance (either to children or a charity) to get the joy of seeing your money well-used by others? This is where it makes sense to see a FIDUCIARY financial planner for advice on the big picture. — To find one, go to Wealthramp.com.