We have too much sitting in the bank, I never look at the balance and my wife showed it to me this afternoon and while I was presently surprised it made me sick at the same time.
We could pay off our mortgage and still have money in the bank but considering the coming inflation (yes, I know there is no inflation) and our very manageable mortgage being half the average rent for a unit in our area it seems like a dumb idea. I did look at doing a refi after my buddy got a 2.8% rate but backed off after they only offered my 3.4% for my current 3.8% (maybe because my place is a condo and his is a single family home?)
Our only debt is the mortgage, we own everything else.
The only money we have saved for retirement is my 403b, I contribute 4% because that's what the match is and whatever is happening in Wall Street looks like an amusement park.
Advice on how to find a decent financial advisor? I need to invest.
We could pay off our mortgage and still have money in the bank but considering the coming inflation (yes, I know there is no inflation) and our very manageable mortgage being half the average rent for a unit in our area it seems like a dumb idea. I did look at doing a refi after my buddy got a 2.8% rate but backed off after they only offered my 3.4% for my current 3.8% (maybe because my place is a condo and his is a single family home?)
Our only debt is the mortgage, we own everything else.
The only money we have saved for retirement is my 403b, I contribute 4% because that's what the match is and whatever is happening in Wall Street looks like an amusement park.
Advice on how to find a decent financial advisor? I need to invest.