Monthly Income, expenses, and potential retirement contributions here
I am really interested in opening up my first retirement fund in the next few weeks and have been rigorously researching my options. I plan on investing in the Vangurd 2055 Retirement fund as my main fund. I am planning on contributing the maximum $5,500 per year but was wondering if that would be too high if a percentage relative to my income. Additionally, I am unsure what I should do with the remaining income I would have at the end of the month. Should that be put in savings, a general investment account, or even a rainy day fund?
My income and expenses will remain constant until I graduate in May. All feedback would be greatly appreciated. Thanks!
Submitted September 19, 2017 at 10:04AM by Earlyretirementman http://ift.tt/2xOsHt0
