[ ] 26, income of ~$93k
[ ] Debt free; own my used car (~7k-8k in value)
[ ] ~6 month EF ($13500) in HYSA
[ ] HYSA (8,291.43) for car maintenance + future car SF
[ ] 401k – $32779.72 currently vested, 2065 Vanguard target date fund
[ ] Roth IRA – maxing out for 2025 ($6385.35 total in account currently), 80% total US index fund 20% intl index fund
[ ] Maxing out HSA ($3379.19 currently in account)
Current spending/saving/investing:
[ ] 50.05% take home (2307.18) on needs/bills
[ ] 19.31% take home (890.18) on wants (eating out, future
[ ] 20.13% take home for saving/investing (500/mnth to HYSA for EF, 427.78/mnth for maxing Roth IRA)
[ ] 15% pretax to 401k, maxing out HSA and investing (4.1% pretax) = 19.1% pretax invested
[ ] Take home (4609.92) – all previously mentioned deductions/expenses/investments (4145.15) = 464.78/mnth left over doing nothing
Ideas/notes:
[ ] Free up 500/mnth from EF since it’s almost 6 months funded to go toward future house (500 + 464.78 = 964.78/mnth to house)
[ ] Not an immediate concern (at least 3-5 yrs unless my income increases substantially)
[ ] 3x income 20% DP = 55,645.27 for 278,226.36 house); if I do redirect EF to house DP, this will be possible in 5 yrs (60 mo)
[ ] Maybe I’m not thinking of all my options, but that’s why I ask. Thanks in advance for any advice!
