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Hi-- I'm looking for your thoughts about what to do with $750K we're about to receive from the sale of our him. We have already closed on another home.

Couple in late forties with two kids (7 and 3)
HHI $160K, pretty stable but unlikely to increase

- Recently purchased home is worth about 750K, have equity of 400K and mortgage of 350K
- no debt other than mortgage
- 325K in 401K and IRAs
- 180K in taxable mutual funds (about 70% in stock funds)
- 100K in various dividend stocks
- 140K in 529 plans (growth funds)
- currently have about 80 in cash (about $10K earmarked for moving expenses), will have another $750K in July
- paid-off car, may need to buy a second one in the next year

Any thoughts about what we should do with the money we get from the sale of our house? Where to put it and when, taking into account the current market etc etc...

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