Hey folks! :-) First post on here- nice to meet y'all.
I'm a 24yo just starting out on the FI path as of a few months ago, and looking for some advice- I make about 31k/yr after tax, and have about $1400 a month to invest or pay down debts (only debt is student loan debt at $300/mo, 4% interest, $16000 balance). I work at a company that provides a 401(k) but no company match. I currently have several thousand invested in both the 401(k) and in some taxable accounts (higher returns thus far).
It seems like many of you are maxing out your 401(k)s and then applying the leftovers to IRAs or taxable accounts. Since trying to max out my 401(k) would take 100% of my $1100/mo left after minimum student loan payments, I was wondering if it would be wiser to split it between multiple options, particularly if I want to retire in the next 10-12 years and need to be able to withdraw (in one way or another) $12-15k per year; like 60% towards the 401(k) and 40% towards Vanguard, just as an example.
Any thoughts/advice you have would be great to hear- thanks in advance!!
*Edited to clarify some of the language- thanks for the replies to correct this!