08-02-2017, 03:17 PM
So my situation is as this:
12% Traditional 401k Contribution
Will fully fund Roth IRA for 2018 (2017 is already funded)
Easily 6 months Emergency fund
I owe about $6k on the 4Runner @ 3.25% (I'll probably ride this out since the interest is so low)
No other debt
The excess I'm saving every month is going straight to my primary online savings account. My Emergency fund is there, but a separate account I don't touch. I'm not desperate for instant liquidity on money so is it better to start transitioning that primary savings into taxable funds every month?
Ideally I should continue to go back and increase the 401k until it hurts and then back off (I think I'm very close to that point right now), but I feel at this stage I should diversify and hit some sort of index fund that covers the broader market.
IDK I feel I'm in a weird in between place about continuing to maximize tax sheltered accounts vs. trying to grow taxable investments.
12% Traditional 401k Contribution
Will fully fund Roth IRA for 2018 (2017 is already funded)
Easily 6 months Emergency fund
I owe about $6k on the 4Runner @ 3.25% (I'll probably ride this out since the interest is so low)
No other debt
The excess I'm saving every month is going straight to my primary online savings account. My Emergency fund is there, but a separate account I don't touch. I'm not desperate for instant liquidity on money so is it better to start transitioning that primary savings into taxable funds every month?
Ideally I should continue to go back and increase the 401k until it hurts and then back off (I think I'm very close to that point right now), but I feel at this stage I should diversify and hit some sort of index fund that covers the broader market.
IDK I feel I'm in a weird in between place about continuing to maximize tax sheltered accounts vs. trying to grow taxable investments.
Current
2006 4Runner V8 Limited|| Currently no BRAPS
Past
2007 DRZ400S || 2007 SV650 || 1998 Yamaha RT180 || 1998 XJ Sport || 2002 Subaru WRX Wagon || 1998 XJ Classic || 2002 VW Passat Wagon || 1992 F150 Custom
2006 4Runner V8 Limited|| Currently no BRAPS
Past
2007 DRZ400S || 2007 SV650 || 1998 Yamaha RT180 || 1998 XJ Sport || 2002 Subaru WRX Wagon || 1998 XJ Classic || 2002 VW Passat Wagon || 1992 F150 Custom