Submitted by alreadyalone100 t3_1271fu6 in personalfinance

I feel like I'm at a standstill because I don't know what's next for me, in terms of my financial status.

I have a home (with a mortgage), so I no longer need to save for a house. I will not be having children, so I don't need to save for that.

I contribute to retirement (401k) and have a federal job; I plan on staying a fed employee until I retire at 57. I'm 25 now. My pay isn't the best now (less than $60k) but I plan to hit $100k/year within 3 years.

I travel at least twice a year and have a savings balance (about $14k right now after home improvements and such, $5k of this is in a CD). I don't really spend money on other things and don't have many "financial" goals.

So what's next? Am I overreacting by feeling as if I'm done and there's not much else to pine for financially?

I ask because a lot of people my age are saving for homes or to start families but those don't apply to me. Should I just keep putting money in my savings for an emergency fund? Or is there something else I should be/can be doing with my money?

Edit to add: I don't have debt, besides my mortgage. Other edit: I'm a woman. So many people keep saying "he" or "sir" lol.

0

Comments

You must log in or register to comment.

There's nothing here…