howdy there! principally what the title says! i’m 19f i simply landed an exquisite job paying 69,000$ after-tax, (loopy since im solely used to 10$ per hour). for reference, i do not spend a lot cash so 50% of my paycheck is stashed away (final month was 66%!! and sure i’m residing a life lol.) i’ve learn a number of books (together with dave ramsey) and that i have already got issues going in direction of my retirement the next being:
IPERS, deducted from paycheck robotically (It is a outlined profit plan that helps complement Social Safety and personal financial savings for everlasting staff of public entities in Iowa)
401(a), no contributions but, there is no such thing as a match the place i work atm
457, making 200$ contributions each paycheck
The query i’ve… is im beginning to do ROTH issues, and im debating between each trad and ROTH. would possibly do each. however right here is the factor… i’ve 8,100$ in emergency fund that would all go in direction of the trad. Sure, i do know thats kinda towards the foundations, however heres the factor: i’m blessed sufficient to not fear about that type of factor atm. my household lives very shut i simply pay for education, lease, and different subscriptions, have there be an emergency probably they’d chip in. regardless i might pay them again fairly rapidly too, since i stash soooo a lot cash. anywho, i assume my query is do you suppose its price it to max it out at 7,000 for 2024? i am undecided. thanks!
bonus query: any good shares to spend money on too? i am beginning investing and have already got my bonds/etfs in place
