Nickyweg t1_j6n28t1 wrote on January 31, 2023 at 2:31 PM

What’s your income?

How much in savings ?

Any debt ?

MyLittlePegasus87 OP t1_j6n2xtd wrote on January 31, 2023 at 2:36 PM

Income: 95k

Savings: About 30k by myself, 6k in the joint (I seeded 3 and he seeded 3)

Debt: I have a 14k car loan at 0% interest for 6 years.

I have about 135k left on a mortgage of a house I owned prior to marriage. It's being rented out to tenants at a rate ($1600) that exceeds the monthly payments ($1050). This house and income are being kept separate from our joint finances and I have no plans to ever sell.

Nickyweg t1_j6n4s0h wrote on January 31, 2023 at 2:49 PM

Any retirement savings ?

MyLittlePegasus87 OP t1_j6n4y66 wrote on January 31, 2023 at 2:50 PM

60k in my Roth IRA. 7k in my 401k (I've been with this company a long time, and they only started it last year).

I know I'm a bit behind here.

[deleted] t1_j6n7itc wrote on January 31, 2023 at 3:08 PM

[deleted]

MyLittlePegasus87 OP t1_j6n8jbo wrote on January 31, 2023 at 3:15 PM

I'm not sure what you mean here. Put 3250 into one Roth IRA and then 3250 into another Roth IRA?

Also I've already been maxing out my Roth for years, so I don't think that would change much as far as how I'm saving.

Or do you mean like doing a backdoor conversion of some kind?