You are above the Roth income limit. Look into backdoor Roths if you are set on that.
With your income I think you are in fine shape and can make up ground quickly if you keep your expenses in check.
At $10k per year in Chicago, the house would be around $800k. Perhaps this is the suburbs, which I believe generally have higher tax burdens than Cook County. If you are looking out in a collar county, come on in closer!sschoe2 wrote:Taxes on even a modest home can be $10k per year.
The learning process continues...livesoft wrote:Just to clarify: Vanguard, TDAmeritrade, and many other brokers allow for free automatic reinvestment of dividends from ETFs, mutual funds, and stocks --- even if it results in partial shares of said ETFs, stocks, and mutual funds.