I'd appreciate some input. I've started prioritizing saving money for a downpayment on a home. At this time, I don't have a house in mind or a specific date I'd like to purchase. I'd like to put down 20%, but 10% (~$40k) is more realistic for a first time home buyer, as well as the opportunity cost of investing, as opposed to saving that cash out of the market to accumulate that extra 10%.
For the past 5 years, I've maxed 401k, rothIRA, and VTSMAX. As of 2 months ago, I cut my 401k contributions back to meet the match of my employer, and have been putting the rest into a 2% savings acct. I'm now contemplating whether or not I should contribute to my roth Jan 1, especially with the down market. I currently have saved $10k cash, so I have the funds, but would set me back a bit if a great home appeared.
Thanks