re: Received 30k cash gift from relative.....

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40...2 kids both in college this year.

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College funding is already in place, scholarships, student loans???

The kids may have already spoken for your $30K windfall.

If not, I'd clear up whatever that credit card debt is, make sure that you have a practical emergency fund and use the balance to fund your Roth IRAs over the next couple of years. Between you and the wife, that would probably probably take care of that amount. It wouldn't hurt to give some to your church or a charity either.