Author Topic: Maxed retirement accounts and emergency fund. What next?  (Read 2575 times)

new mustache city

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Maxed retirement accounts and emergency fund. What next?
« on: November 02, 2015, 09:21:44 AM »
:)
« Last Edit: May 22, 2018, 12:11:18 PM by new mustache city »

rockstache

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #1 on: November 02, 2015, 10:22:08 AM »
I'm pretty close to your position in age and situation except I have a spouse. We opened up our first taxable account with Vanguard this year, and everything that isn't short term savings or Efund is going in there.

MDM

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #2 on: November 02, 2015, 11:23:28 AM »
I don't and won't have kids.
29 years old
What would you do in my shoes?
Enroll in an HDHP so you can open an HSA?

new mustache city

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #3 on: November 02, 2015, 11:33:21 AM »
Enroll in an HDHP so you can open an HSA?

Actually I just started a new job and I do have an HSA, but I am not contributing anything to it since I'm generally very healthy and they contribute more than I need to it already. Are you thinking of something like this?

BarkyardBQ

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #4 on: November 02, 2015, 11:34:48 AM »
Enroll in an HDHP so you can open an HSA?

Actually I just started a new job and I do have an HSA, but I am not contributing anything to it since I'm generally very healthy and they contribute more than I need to it already. Are you thinking of something like this?

This. http://www.madfientist.com/ultimate-retirement-account/

seattlecyclone

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #5 on: November 02, 2015, 11:37:55 AM »
Enroll in an HDHP so you can open an HSA?

Actually I just started a new job and I do have an HSA, but I am not contributing anything to it since I'm generally very healthy and they contribute more than I need to it already. Are you thinking of something like this?

Yes, exactly this. The HSA isn't taxed going in or out as long as you eventually have medical expenses. If you don't, you get to celebrate your excellent health and pay a little bit of tax that you would have paid anyway.

Interest Compound

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #6 on: November 02, 2015, 11:39:34 AM »
Next step is the HSA. You're close to maxing out all your tax-advantaged space, but not yet. Once your HSA is full, then it's time for a taxable account.

Jeremy E.

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Re: Maxed retirement accounts and emergency fund. What next?
« Reply #7 on: November 02, 2015, 11:50:43 AM »
I'm guessing you're not eligible for an HSA, but if you are go for it. After that, here are some options to consider

1. Vanguard Taxable account
2. Save up for a house, either for a rental or for your primary residence.
3. Save up to start or buy a business, online or otherwise.
4. Lending Tree.