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REDDIT

Down payment for a house in FZDXX but what to do next?

I am hoping to get advice on what you would do in my situation.

I have about 350K saved for a house in FZDXX. But my tech job won’t let me transfer my job out of state (California) even though I work remotely. So I have to wait until retirement most likely. I am getting old as well, 60 years of age and will work until 67.

Should I keep this in FZDXX until then or should I keep it elsewhere? My financial advisor at Fidelity suggested FAMRX or an annuity which I don’t think is a good idea.

Thanks so much in advance for any advice.