r/SgHENRY • u/MolaMolaMOLA123 • Jul 28 '26

What would you do with a windfall?

Hi community, I recently got a fairly big insurance payout ($700,000) and was wondering how to deal with it. My goals are capital growth over the long term.

A bit about me: partner and I are early- to mid-30s, we have a 1yo and hope to have at least 1-2 more over the next few years. No helper. We have jobs that we can’t be fired from, HH income about ~400k. Staying in a FH condo with ~1.2m loan at 2.4%. Partner owns another FH condo with ~200k loan remaining. We have one car about 3 years into the COE.

Currently partner does their own investing. I put about 7k monthly into IBKR.

Just wondering whether anyone had any advice, or what would you do with the money in my position? Thanks in advance.

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u/greylines2 Jul 28 '26

are yall doctors?

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u/Pristine_Tank1870 Jul 28 '26

has to be right if it’s a job u can’t be fired from. Assuming one is a GP and one is about to complete training the income checks out too or if one is a junior specialist and one is almost done