Please help me figure out if I have my money in the right spot, I don’t want to work the rest of my life.
Just for context I’m 30, live alone, and make around $150K/year total comp in a medium (I think) cost of living area. I want to make sure I’m saving enough for retirement since working till I die really doesn’t seem ideal to me.
My money is in the following:
* 13K in checking account
* 14K in HSA (though, this is not invested)
* 63K in High yield savings
* 201K in taxable brokerage (all in ITOT)
* 65K in Roth IRA (75/25 in FZROX/FZILX)
* 151K in 401K (25%/25%/50% in Global Stock/Bond Fund/S&P 500 - thought tbh no idea how this breakout was chosen).
The current plan is to max the 401K and Roth out every year (though my company barely matches anything) and then remainder in taxable brokerage. My expenses are fairly low right now and I have no debt so planning on saving fairly aggressively, especially because at some point I’ll probably want to have a couple kids and give my future wife the option of not working when there are small children (assuming that’ll ever happen).
Been following tips online about what accounts to have and what to invest in, but not sure I have my money in the right spot at the moment. Any feedback or advice to make the most of what I have?