I’m a 29 yr previous male in a median COL metropolis. I made $110K final yr. This was principally from shares and additional time, in order that pay just isn’t assured yr after yr. I’d make round $42K per yr if I didn’t get RSU’s or additional time.
I presently have $73K saved. This cash is all in a financial savings account with Yotta. Yotta simply launched a “buckets” system, and I’ve it set as follows:
$15K for emergency fund,
$38K for pupil loans (All federal loans, I’m not presently paying it because of CARES Act),
$20K saved for a house down fee.
I need to save up $80K for a house down fee. I plan on shopping for a house within the subsequent 2-3 years. Outside of my $38K in pupil loans, I’ve no different money owed. Is my present scenario good, or ought to I alter it up? I additionally presently have $4K in a 401K, and $6K in a ROTH IRA.