Search found 2 matches

by amb124
Sun Apr 02, 2017 11:30 am
Forum: Personal Investments
Topic: Invest 100% of income?
Replies: 6
Views: 1006

Re: Invest 100% of income?

The 80K in cash is just a 'safety net' However. I have learned over the past couple of years that building wealth and financial independence takes more than just saving $$.

Yes, I have both a trad and roth IRA
by amb124
Sun Apr 02, 2017 12:16 am
Forum: Personal Investments
Topic: Invest 100% of income?
Replies: 6
Views: 1006

Invest 100% of income?

I am almost 29 years old and have $80,000 in cash and $50,000 in investments (between a 401K, Brokerage Account, and two IRAS.) I make just under 50,000 a year. My yearly take home pay after taxes, 401K contributions, healthcare expenses, etc. is around $31,000. Since I am more than four years away ...