Greetings! First post and I had a question.
I am a new adherent to MMM. I maxed out my 401K, set up two vanguard IRAs (wife/mine) using VTSMX, and set up three 529s for my kids. I still have nearly 40K in cash. I have the option to do a 457 through my work, but I am going to wait until next year to consider that as I had to up the 401K to a lot. With only 16 pay periods left, it is a fairly large percentage jump for me.
I am seeking opinions as to whether I should use the Betterment's Safety net approach for 20K (our emergency fund). Also, with the other 20k I could open a taxable account with vanguard in order to avoid the larger fees of Betterment. Lots of options, but as the sum will be far below the 100K needed to get Betterment's reduced rate, I thought maybe a Vangurd index fund would be a good spot for the money.
If it matters for any advice - I make about 80-90k a year. I am the sole breadwinner.
I also started biking to work this week! I enjoy the site and the forum. Thanks in advance for your thoughts.