Submitted by TheBigShrimp t3_yip9pu in personalfinance
SmartBar88 t1_iuk0ly3 wrote
Sounds like you are doing great for your age! Congratulations!
One cent's worth - consider building an emergency fund that makes you comfortable. Three-six months is good for most at your age.
One cent's worth - If I had one thing I could redo it would be to max out my annual Roth contribution. Just nice to have the extra tax free accumulation and withdrawal bucket for later in life.
TheBigShrimp OP t1_iuk0vcl wrote
Thanks!
Sorry I didn't expand:
I have a $12k emergency fund.
$35k in a Roth IRA and $28k in a 401k.
This will probably be the first year I don't hit my max on the Roth, but I could if I sacrifice some emergency fund. Just gonna see how it goes, I have about $3k left to contribute this year. Normally I prioritize it but my girlfriend opened a business and I had to spend a little extra for support/her needs.
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