Here are the facts:
-35F, 1 dependent (8 yr old)
-HCOL
-Rent, no mortgage
-Public transportation, no vehicle
-Term life insurance, 20 yr policy at 1mil ($49/mo!)
-Credit card debt is under $1,500
-EF is 24K
-$120K salary, contrib 10% to Trad 401K, on track to maxing out Roth IRA for 2024
-Portfolio is sitting at around $85K
I posted just a few moments about about whether I should switch to a HDHP to access an HSA (no FSA offered with current PPO plan).
I don't have a brokerage so wondering if I should open one and contribute what I can, even if its $100/mo to start.
What do I need to do next?
-Increase EF?
-Open brokerage?
-Save for a car even though I don't need one and it would be a nice to have?
-No homeownership goals at the moment though that may change in the next year (overseas opportunity)
What should I consider focusing on next?
-35F, 1 dependent (8 yr old)
-HCOL
-Rent, no mortgage
-Public transportation, no vehicle
-Term life insurance, 20 yr policy at 1mil ($49/mo!)
-Credit card debt is under $1,500
-EF is 24K
-$120K salary, contrib 10% to Trad 401K, on track to maxing out Roth IRA for 2024
-Portfolio is sitting at around $85K
I posted just a few moments about about whether I should switch to a HDHP to access an HSA (no FSA offered with current PPO plan).
I don't have a brokerage so wondering if I should open one and contribute what I can, even if its $100/mo to start.
What do I need to do next?
-Increase EF?
-Open brokerage?
-Save for a car even though I don't need one and it would be a nice to have?
-No homeownership goals at the moment though that may change in the next year (overseas opportunity)
What should I consider focusing on next?
Statistics: Posted by brujadev — Mon Nov 04, 2024 6:38 pm — Replies 8 — Views 718