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Liquidretro t1_j6p1a4x wrote

Roth is a sub account type of both IRA and 401k and some others so it's important to clarify exactly what you mean. There is no income limits for a traditional IRA. If you want to contribute more to retirement your 401k's would be a great place to increase if your income is over the income limit for a married couple on a roth IRA. You can each contribute $22,500 to a 401k in 2023. You also have stuff like a back door Roth IRA conversion to look at too. Maximizing your tax advantaged accounts before you taxable invest is the optimal way.

The wiki here also has a flowchart that I think you will find helpful on the order of operations. Index funds and target date funds are great places to invest within these and other account types. I don't see a need at this point to pay an advisor 1-2% a year to give you similar advice when most people can DIY these days with a few hours work if that.

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Vanguard62 OP t1_j6p2tqg wrote

Thank you! You’re advice has been very helpful!

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