DestinationForever
DestinationForever OP t1_j2budlo wrote
Reply to comment by efla in I’m having trouble getting started with what I should do with my money. Have I saved enough? What direction do I need to take next? by DestinationForever
What makes Roth any different from a HYSA besides withdrawal repercussions before the age of 59? Also, with HYSA can you withdraw any amount anytime?
DestinationForever OP t1_j2bn8fu wrote
Reply to comment by Werewolfdad in I’m having trouble getting started with what I should do with my money. Have I saved enough? What direction do I need to take next? by DestinationForever
Oh. I guess I’m overwhelmed with approaching it. Do I have other options other than a HYSA? If I were to do with a HYSA how do I know which is the best to pick?
DestinationForever OP t1_j2bn1mi wrote
Reply to comment by efla in I’m having trouble getting started with what I should do with my money. Have I saved enough? What direction do I need to take next? by DestinationForever
So where do I store my ‘emergency fund’ exactly? Like a HYSA? I’ll match my 401k no problem. I have no debt. Do I really want to put money in a Roth and can I pull that out at anytime?
DestinationForever OP t1_j2bmty8 wrote
Reply to comment by Werewolfdad in I’m having trouble getting started with what I should do with my money. Have I saved enough? What direction do I need to take next? by DestinationForever
That emergency fund stuff is tough for me to understand. So is that a HYSA?
DestinationForever OP t1_j2e4ykh wrote
Reply to comment by efla in I’m having trouble getting started with what I should do with my money. Have I saved enough? What direction do I need to take next? by DestinationForever
Have you tried the I Bonds? Or have you known others to? What’s their experience, and isn’t it adjusted inflation like retirement accounts?