Where to Invest Cash?

[CM]

Hi Jeremy,

First of all, I really appreciate all that you've done for the community. Your writing has been an incredible resource and inspiration! Recently, my wife and I found ourselves in the position of having 200k in cash needing to be reinvested. Our only debt is a low interest mortgage (2.5%) on our primary home in Michigan, and we've been debating between moving the money into a taxable brokerage account or turning it into a Roth conversion. We're both 40 and will likely work another 5-10 years each, at which time we could leave the state or even the country to begin our retirement. Knowing that this investment will support the first several years of our retirement, is there definitive reason for selecting one over the other?

Our current assets are as follows:
350k - 401(k)
320k - Real Estate (primary home)
200k - Cash to be invested
20k - HSA (invested w/ Betterment)
30k - Cash (high interest savings)

Thanks!!

[gocurrycracker]

What do you mean by turning your cash into a Roth conversion? Using it to pay the taxes that result from moving funds from a Traditional IRA into a Roth? (This typically isn't a great trade whilst working.)

Since you plan to work another 5-10 years, you could just save the money to fund your first few years of retirement during that time. The cash you have now can be invested according to your target asset allocation