BLUF: I have $2k surplus per month I need to do something productive with. Productive in the sense I need it to wOrK for me and compound.
How can I maximize the $2,000.00 leftover after living expenses etc. are paid? In my new role I will earn $100,000.00 a year base salary, plus bonus potential of $10,000.00 - $15,000.00 per year.
What should I do? Roth IRA at $500 a month for 30 years? Traditional IRA $1000/month? I have a Roth 401k at work I contribute 3% to already and is included in the $2,000.00 surplus after all bills, entertainment, etc.
I’m 27m single, no kids, no student loan debt, $20k car financed at 4.9% APR
Submitted September 05, 2020 at 09:01PM by Hungryhumblehippo https://ift.tt/359jH1r