I’m a little lost and I could use some perspective.
I am 31, single, female and I live in SoCal. I started working at age 26, making 50k. 5 years later, college debt is paid off and I’m making 100k as an engineer. I expect to tap out at 110k with this company. I have 80k in my 401k and 10k in Roth IRA and 40k in savings. Houses in SoCal are expensive and I am not currently looking to buy because I have absolutely no family and few friends in the area (I’m from upstate NY). I’m not ready to leave my company because they keep investing me (training, pay, etc). I keep my housing under 25% of my net income.
I’m starting to get a little (maybe way) more spendy and I think part of it is that I don’t really have a direction (financially or personally). I think part of it is that I don’t know what the next 5-10 years of my life will look like (with regards to finding a partner and possibly starting a family). I’m considering moving to a LCOL city, fostering and/or getting a dog, but I seem to be in a holding pattern until while I give myself financial permission to take some risk (assuming that I'm still single)? How do I figure out the optimal timing?
Submitted November 18, 2017 at 11:49PM by KatieB505 http://ift.tt/2j7bKAp
