<prompt> Human: Hey guys! Long time lurker here and I think some of you would have some really helpful pointers for my particular situation.In the next month or so I will be getting around 400k after tax from the sale of my business. I am currently 27 years old, married, and just bought a house 200k.While I feel I have a good understanding of how to run a business, I struggle with figuring out how to make my money work for me. Below is sort of the debt and overall situation. Thank you guys in advance for your input!My debt: - 18k student loans average interest rate around 5- 15k left on a auto loan at 4My wifes debt:- 75k student loans masters degree... expensive, average interest 6Basically, from the 400k I am going to need something to live on for about a year while I figure out what to do next. I have no problem with being frugal during this time and my wife will be working still. My question basically comes down to the following:Should we be paying off a good chunk of our student loans? Or, should we be throwing all of this money into index fundsother investments?I have thought about trying to help her refinance her student loans, but from what I understand fed loans offer a lot of protection in terms of payment options in the case that something were to happen. She is in public service so she does qualify for the 10 year loan forgiveness, but right now they consider both of our incomes to determine that payment and it really offers no benefits... with the current payment they have us paying we would end up paying them off in full anyways... her income currently is under 50k if that helps.If there is any other information that could be helpful, let me know and Ill do my best to provide it. Again, thanks so much for the help!  <response>: I would payoff all my debt except mortgage . Put the rest into a saving account until I get another job 