Posting to get y’all’s opinion on how you guys think I’m doing financially.
31M working full-time in high cost of living area. Make 135k. Still live with flatmate to save money on rent. Wish I could buy a home and rent out the extra rooms. However homes are expensive, and not sure if I want to stay where I’m at in long run.
Net worth breakdown is: 55k brokerage 40k in savings 155k in 401k and Roth IRA 20k crypto
First 100k at 28, 200k at 30yo.
Max out Roth IRA contribution. I should max out 401k but currently at just 10% plus company match. Save the rest in HYSA and a little bit to brokerage to chip into ETFs for eventual down payment on home.
No student loans/car debt. Payoff cc at end of month. Have hobbies that aren’t expensive and do make time to enjoy what this life has to offer. I think I’m doing ok financially and on the right path, but been feeling stagnant.
Reckon I just keep on doing what I’m doing, but at what point could I spend a little more (say rent my own place) to improve quality of life? submitted by /u/roambuild
[link] [comments]
31M working full-time in high cost of living area. Make 135k. Still live with flatmate to save money on rent. Wish I could buy a home and rent out the extra rooms. However homes are expensive, and not sure if I want to stay where I’m at in long run.
Net worth breakdown is: 55k brokerage 40k in savings 155k in 401k and Roth IRA 20k crypto
First 100k at 28, 200k at 30yo.
Max out Roth IRA contribution. I should max out 401k but currently at just 10% plus company match. Save the rest in HYSA and a little bit to brokerage to chip into ETFs for eventual down payment on home.
No student loans/car debt. Payoff cc at end of month. Have hobbies that aren’t expensive and do make time to enjoy what this life has to offer. I think I’m doing ok financially and on the right path, but been feeling stagnant.
Reckon I just keep on doing what I’m doing, but at what point could I spend a little more (say rent my own place) to improve quality of life? submitted by /u/roambuild
[link] [comments]