Apr 25, 2017
7:53:10am
7:53:10am
If I were to do it all over again. I would save 50% of my money and live like a
college student for the first few years. If married I would expect my wife to work and wait to late twenties or early thirties for kids. Then I would be set to retire by 50 at the latest and could do it sooner depending on income.
Here are the categories I would max out (after or concurrently as I built up 6 months of cash for home/ emergency):
1. HSA
2. 401k Match
3. Roth or IRA depending on current tax rate. If you are at 25% rate, do the IRA
4. Max out 401k
5. Brokerage account
And that would be 50% after taxes and tithing.
Here are the categories I would max out (after or concurrently as I built up 6 months of cash for home/ emergency):
1. HSA
2. 401k Match
3. Roth or IRA depending on current tax rate. If you are at 25% rate, do the IRA
4. Max out 401k
5. Brokerage account
And that would be 50% after taxes and tithing.
Originally posted on Apr 25, 2017 at 7:53:10am
Message modified by Baron on Apr 25, 2017 at 7:53:30am
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