Here is my current life position. I am 28 and a Captain in the Army. I have about 200K in various mutual funds (DODFX, FAIRX) and a $170K investment piece of property which I am getting about $500 a month from. I have no debt.

I wish to get out of the Army on May 31, 2011. This will give my access to the post 9/11 GI benefits so I can pursue an MBA (and possible masters in accounting) and get the benefits from it. Those benefits should pay for tuition, housing (up to a point. I would get $1147 a month if I went to the University of North Carolina), and $1000 dollars a semester on books. I would get these benefits for 3 years. I also hope to get some scholarships to pay for living expenses, but this would not be a sure thing.

I am also dating someone and we are serious. She is a lawyer, but has $100K in student loans. It is very possible that we will get married around the time that I start school or perhaps after the first Semester. Therefore, this is what I want to do. First, I do not want to touch my savings during any of this. This gives me two uses for a large sum of money in a little under three years.

First, if I do marry “the Lawyer” I want to have enough money in 3 years to pay off her student loans and pay off a 20 percent down payment on a $150K house. My thoughts are that she should have her principal down to 70K to 80K by then. That means I need to have about 100K to 110K in the bank. After that, with me taking care of housing, we should be able to live off her salary for 3 years. If I pay these loans off, we will have a prenup agreement that will allow me to get that money back from her if things do not work out.

The second reason would be if things do not work out, I need a large sum of money to again put a down payment on a house and to live off of for up to 3 years. I think for this, I would need 120K once I begin school.

Right now, I have started cut out all my other investments besides my Roth IRA and $250 a month to FARIX. I am then starting this fund with $1K a month to into PRSIX. I consider that a reasonable safe investment for the short term. I think I will be able to up that to 2K a month. I also have another deployment to Iraq coming up. During this period, my expenses will be around zero for 1 year and I should be able to put into PRSIX about 75K. My question to you all is, first, is this the right fund to reach the goal I am trying to get at? Next, am I putting too little money to get to this goal?