Financial Advice
Hey yall, my wife and I recently got approved to stay at Rucker since I’m no longer medically cleared to fly. Looking for some advice on finances.
Currently have about $80k in a HYSA @3.5% (saved up during deployment last year), $18k in my checking, and $110k in TSP (investing about $1700 / month). We’re about to close on a $250k home using 30 year VA loan at about 5.99%. My wife has about $8k left on her student loans and we have about $43k to pay on a new car we bought recently.
We plan on paying off the student loan in one or two payments after we close on the house, and pay off the car within 3 years. How would yall manage the assets? I realize having this much cash on me is not how most people would handle it, but I’ve fucked up investments in the past and am nervous to try again. Let me know what yall think.
Thanks🫡