<prompt> Human: Hello all,Long time lurker, first time poster, so I apologize for any formatting issues or social blunders. Im 27, single income, with a SAH wife and 2 preschool children. I make approx 80K a year. Im in the military and have always maxed my TSP 5500 a year, as well as put about 8000 a year into my Roth IRA, as such, I am not worried about retirement. I am also not worried about college funds as i have 529 plans set up for the kiddos.I have never invested and am ignorant of it. I am working to fix that. I currently have 70K sitting in a savings account, and am looking for somewhere to put it. Ideally this will be my piggy bank from which i can draw money for a down payment on a home or large vacations in the future. I plan on adding 500 a month to it. So far my best guess for where to put it would be vangaurd with a 8020 lifestrategy fund. Is there somewhere else that would serve me bettercost less in fees? Is there another direction which I should be looking? Thanks in advance for any expert or amateur opinions.  <response>: Im in the military and have always maxed my TSP 5500 a year, as well as put about 8000 a year into my Roth IRAThe maximum contribution limit for the TSP is 17,500 per year. Do you mean an IRA? I think you have these two mixed up.I am not worried about retirement. I am also not worried about college funds as i have 529 plans set up for the kiddos.If you are not maxing out your retirement accounts you cannot afford to fund 529 plans for your kids. Your kids can take out loans for college - you cannot take out loans for retirement.Please read the information found in the FAQ particularly I Have X ... What Do I Do With It?! and the Long-Term Investing Start-Up Kit You may find Your 401k and You: Basic Information and Your IRA and You: Basic Information worth a read as well. 