I am 38 and looking to retire early. I am single with $897k net worth and make $130k/year in a low cost of living area.
Here are my stashes:
* $20k in Savings/Checking:
* $109k in High Yield Savings (2% APY)
* $70k in home equity
* $468k in company 401k
* $120k in brokerage account
* $110k in Roth IRA
Life plans:
* 0-2 years, buy a new car (~$40k)
* 2-5 years, buy a nicer home (~$300k)
* 5-10 years, maybe switch to a job that’s not so stressful or start working part time
* 10-20 years, retire
I am open to general critique. But my main question is: Do I have too much of my portfolio in cash?
Submitted May 26, 2019 at 09:00PM by New2ThisThrowaway http://bit.ly/30NRBEn
