Hi
I was very lucky to get a great job in California (relocated from Oregon) and while there are state tax and personal income tax - still able to benefit from the move financially. I work in education and am investing the max - $15,500 in both my 403b and 457. I have a house in Oregon with under 100k on mortgage (just was able to rent it out after long vacancy) - about 10 years left on mortage (15 year mortgage). Also have 40k in Emergency fund. In addition to the aforementioned - also started this month putting $1000 into Vanguard for short term and the longer term. I don't know how long this financial position will last but am wondering if I should keep on this path or maybe try and pay off my mortgage early (or is there tax benefit since I own a home in Oregon and rent in California) or what are some other options to consider. Thanks for your patience and helpful advice.
I was very lucky to get a great job in California (relocated from Oregon) and while there are state tax and personal income tax - still able to benefit from the move financially. I work in education and am investing the max - $15,500 in both my 403b and 457. I have a house in Oregon with under 100k on mortgage (just was able to rent it out after long vacancy) - about 10 years left on mortage (15 year mortgage). Also have 40k in Emergency fund. In addition to the aforementioned - also started this month putting $1000 into Vanguard for short term and the longer term. I don't know how long this financial position will last but am wondering if I should keep on this path or maybe try and pay off my mortgage early (or is there tax benefit since I own a home in Oregon and rent in California) or what are some other options to consider. Thanks for your patience and helpful advice.
