Author Topic: Where to go after 401k?  (Read 1313 times)

Writer_Girl

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Where to go after 401k?
« on: July 22, 2018, 01:26:11 PM »
Hey all!

First of all, thanks for the wealth of info in this thread.  It's much appreciated.  I'm still feeling a bit lost, and I was hoping to get some advice.

Right now, I'm putting 7% into my 401k and the first 3% and then the next 2% are being matched at 50%.  It's fully vested and everything, but I don't have a ton in it, unfortunately (about 20k.  I graduated in 2007 so the fact that I didn't have a traditional job right away killed me a little bit).  Ideally, I'd just add as much as I can, but it's not an option for me.  I have really high medical expenses, so I can't put in a higher percentage from my full-time job right now, but I have a relatively lucrative side-gig that can get me some extra cash on the side I'd like to invest.  So what can I do with that?  Can I start a Roth IRA and just add a little extra cash as I can?  Or what's the best option here?

Thanks in advance.  I'm a bit to this whole thing, but I want to prepare myself the best I can.

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Writer_Girl

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Re: Where to go after 401k?
« Reply #2 on: July 22, 2018, 02:19:25 PM »
THANK YOU.  I kept thinking the idea was to max out the 401k first and I can't do that.  I'm already a bit out of order but hopefully this can get me on track.

Much appreciated.

 

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