I'm curious how people balance between saving for retirement and saving for a home.
I am able to save about $1,800 a month which is approximately 45% of my take home pay. Right now I put 1500 towards my Roth ira/401k and 300 towards my emergency fund. My emergency fund will be at 6 months worth of expenses in about half a year.
Even if I move that $300 a month towards retirement, I still don't hit the yearly max of $23,500.
How would you recommend saving for a home but still taking advantage of as much tax deferred dollars as possible? I'd like to save up for a down payment between $50,000 and $75,000. Thanks!
Submitted February 12, 2017 at 10:12AM by White05Sox http://ift.tt/2lES1sj
