I’m in my early 20s and I graduated debt-free and I am now making about $68k per year after taxes. I just moved out and got a job and I’m looking to invest for the future and take advantage of compound interest.
Right now I am in a company 401k plan that matches 4% of my income when I contribute 5% of my income. Besides that, I am also putting recurring payments of $5 a day each into VOO, VTI, and VUG. I’m currently building an emergency fund of about 4-6 months into a high yield savings account.
Is this a viable enough strategy for me to settle into or is it still lacking something else? I’m wondering if this will suffice. I’m looking for advice and opinions. I have only a basic understanding of different investment options. Thank you.
Submitted November 20, 2023 at 01:20AM by Jiangarang https://ift.tt/ag2YuMR
