No. of Recommendations: 0
I'm looking for some investment advice from fellow Fools. Here's the brief scenario.
My wife and I are 40, with one minor child. We own real estate in Michigan, we live in Minnesota and have a 20yr home mortgage (in MN). We intend to sell the Michigan property. Estimated sale price = $125,000. We would like to use approx $10,000 for home improvements, and invest the rest for retirement. Our goals are to perform these transactions with minimal tax liability and to invest the income wisely. This is probably a no-brainer for everyone but me. Looking forward to reading your Foolish advice. Thanks.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.