I'm 23 living at my parents, and I've been leaving all the extra income I have into my savings account. Right now i have like 1 years worth of salary in there, but it is earning like a penny of interest a year . Iv'e upped my student loan payments to 500 a month and I'm paying that off fairly aggressively. But I still earn a few hundred a month that is not currently in use.
I have a Vanguard Target Retirement 2060 Fund I put money in since I work for a small company with no 401k. On top of putting money into there would it be wise to put all my extra money I earn monthly into my 2 Vanguard funds I have? (They are Vanguard Growth Index Fund Investor Shares, and Vanguard Total Stock Market Index Fund Investor Shares) I dont have any huge purchases on the horizon for now, except I plan on moving out soon so I'll have rent, food, etc. soon
Thanks for any input
Submitted March 23, 2017 at 11:46AM by JayKayne http://ift.tt/2nrVSMM
