[USER]

I’ll have $140,000 next month. House and car paid for,2 children. One minor and one adult. I am 51.

I have opened a Roth IRA. I plan to max it out this year and next. Who would you recommend I invest that account with?

Who would you recommend I invest the rest with?

I am pretty conservative but willing to look into a bit of risk.

Thanks

[Rick]

That is a lot of money. Safeguard it from people that would fee you to their benefit.

Roth IRA every year you can with earned income.

Consider next best option may be 1) brokerage account and 2) work based plans where you max contribution while “paying yourself” the “lost” income from this pile of money.

[Robin]

Read The Simple Path to Wealth. I’m sure someone here can also tell you which episodes to begin listening to.

[Brittany]

Is the money earned income? Make sure you are able to directly contribute to the Roth IRA.

Vanguard, Fidelity and Schwab are the more common places.

Whoever you do the IRA with is fine to also do the brokerage with.

[Author]

Posts