Originally Posted by UnRetired

Currently in the 50s, wife and my combine income is around $700-$750k Per year. Current paid-up residence is worth $4.5M. Have an apartment in D9 collecting $7k rent per month, bought it during the crash at around $1.9M now its valued at $2.8M (outstanding of $620k loan left). Bought an apartment overseas for my kids at $450k, currently valued at $700k. Have $2.8M cash in bank, $250k in bonds (5% yield per year), $300k in stocks (around 12% yield the past two years). Cars are fully paid. Thinking of retiring soon. Was wondering if investing in more stocks and bonds would be a better option or purchasing a 2nd home & use the rental for extra retirement income.