Looking for general advice on my financial situation.

-married with one kid & another one on the way. Wife doesn’t work anymore
-235K in cash (just sold our house; tax free gain)
-25k wealthfront account
-15K debt (10k student loan/5k car)
-70K in 401k (mine and wife’s). contributing 10%
-5.5k HSA
-Pension - ~$500 p/month upon retirement
-170k salary
-startup on the side; 2k expense per month (pre profit)
-we don’t intent on buying a house in the next 6 months. Living with in-laws now.

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With that salary and minimal expenses I'd certainly consider maxing out hsa and all retirement accounts if you haven't already. You can contribute to hsa directly if you payroll contributions don't get you to the family max, I believe up to the earlier of 4/15/21 or when you file your taxes.

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Just looking for some general advice, primarily on what to do with the cash. Interested in putting more money in the market but just would like to know a good approach. 

6 months is too short a time horizon for equities. Just leave it in a “high yield” savings account where you’ll get a few bucks a month. Any savings you build from staying at your in-laws could go into retirement and 529 plan.

Yes, if you intend to buy a house within a year, I’d just keep it in an HYSA. If you’re anything like me, after a few months of living with either my parents or my in-laws, I’d be desperate to move into our own house ASAP!

smart

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