Submitted by figs1023 t3_yiiuk0 in personalfinance
DaemonTargaryen2024 t1_iuj5mo0 wrote
Need to contribute way more than $1000 a year to retirement. At least 10%.
$1m home might be a lofty goal. But where house fund goes depends on your timeline. If 1-3 years it's gotta be cash. If +6 it can be stocks just be mindful as you near closer to the goal.
figs1023 OP t1_iuj5wo7 wrote
I expect income to increase in the next 5 years. The house will be $500k because it’s going to be a 50/50 split. I do agree I need to contribute more to retirement.
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