Need assist with subsequent steps, the place to save lots of after emergency fund : personalfinance

by akoloy

Hi all,

I’m at the moment struggling to determine my subsequent step in relation to saving/investing.

I adopted the wiki flowchart, and just about hit the top. I save 15% of my pretax revenue by maxing out my Roth and contributing 5% to an employer matched 401k (100% match to 4%). I’ve 6 months bills saved in a HYSA, and have roughly $7000 saved for a home in the identical HYSA, in addition to a pair thousand for journey targets.

I cant assist however really feel like that cash might be higher put elsewhere. I do not know if I’ll purchase a home in 3-5 years, or 5-10, and as I’m watching that account develop I’m questioning what I ought to do subsequent.

Do I open a non-retirement brokerage account and put home financial savings there? What would I make investments it in? My Roth is a straightforward goal date that I plan on switching to a 3 fund portfolio quickly. Should I up my 401k contributions? I save roughly 30% of my post-tax take house after 401k and Roth contributions. Help lol.

Any questions I’ll fortunately reply, simply wasn’t positive what to incorporate.

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