My current situation goes like this:
27 years old
-$0 in debt
-making $200K-$250K a year. I work a union job hourly pay so this varies, but work is consistent as a journeyman, I could potentially make upwards of $350k, but should never dip under $200k given the historical amount of overtime my line of work sees.(everyone needs electricity) , hourly may raise if I move into a foreman position in 5-10 years.
-maxed out yearly 401k, roth ira, and HSA.(maxed contribution since I started my apprenticeship at 23y/o)
-given i stay with this union(which i think i will), I should have pension, annuity, etc at retirement age.
-rent and utilities are 1,200 a month( 2,400 split with housemate), 2014 accord is paid off, paying 100 a month to insurance
-I try to spend at most $400 a month on food, etc.
-leaves me with roughly 10-11k a month with around 150k in an ally savings account.
I grew up poor so one benefit is that lifestyle inflation doesn't really get to me, what are some of my options? Taxable brokerage account?, mega backdoor? or should I really be seeing a professional financial advisor.
Submitted October 22, 2019 at 08:12PM by hoonlee96 https://ift.tt/32EmdbZ
