Some background:Prioritizing investments
https://www.bogleheads.org/wiki/Priorit ... nvestments
- dual-income family in mid-30s with 1 pre-school kid living in Very HCOL in CA
32% tax bracket (Married Filing Jointly)
~$800K investment assets (401K+IRA+HSA+EE Savings Bond: $600K, Taxable+Emergency Fund: $200K)
~$600K mortgage (3% 5/1 ARM, reset in mid-2021, Primary residence now worth ~$1.4M )
- DW 401K: $18.5K (+$5.8K company match) -- done for 2018!
Me 401K: $18.5K (+$5.5K company match) -- done for 2018!
Backdoor Roth IRA: $5.5K x2 -- done for 2018!
HSA: $6.9K -- on track
Me 401K After-tax (support mega-backdoor): ~$31K -- on track but with ?
1) Should I max the 401K after-tax ~$31K or save the money to pay extra principal of the mortgage?
2) As I don't plan to sell any taxable investment to accelerate the mortgage payoff, should I stop investing in taxable and pay extra principal of the mortgage each month?