I just received $247,000-sale of my late parents house. What, if any, tax related dangers should I be careful of and what is the best way to invest my money if I want to retire in 10-15 years. I'm 45 now.Oh, I also have 2 kids to put through college as well.
This board is defunct. I suggest looking on "Retirement Investing" instead-- they are quite knowledgeable about retirement tax issues.You'll need to include more details such as what other assets you have, what annual income you'll need in retirement, how much you can save a year.http://boards.fool.com/Messages.asp?bid=100154
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