I've always fully funded my ROTH IRA since starting it in 2004. However, now I'm debating whether to pay off mortgage principle first. I'm reducing my work schedule to 75% starting next month which will not have to slow down my savings through work retirement plans but will reduce my extra available cash. I also plan to leave my job at the end of 2014 to pursue more meaningful work or at least take some time off (like a year). I think/hope that I will achieve basic FI by that time or be close. Here is my current breakdown.
401 129K with 14-15% going in per month with match
457a 45K (I max this one, $1,458 per month)
ROTH 403b 33K ($135 per month, will go down 25% with reduction in sept)
ROTH IRA 60K (maxed for 2013)
HSA $7,200 ($2.5K cash, 4.7K invested, $240 per month)
mortgage 50K at 5.875% (adjustable IO set to adjust 2/2014)
cash 25K
Because of a recent failed business that dinged my credit and my desire to leave my job, I don't feel comfortable with less than 20K cash. Knowing my savings rate will go down a bit starting next month, would you put all surplus cash towards the mortgage or keep 5.5K around to fuly fund the roth in 2014? Should I stop funding the ROTH 403b and put that towards the mortgage? I can't adjust contributions to the 401 and I want to max the 457 because there is no early withdrawal penalty and plan on that being key to ER. If it makes a deference, the mortgage is on a cash flowing rental.