Hello,
I am concerned that I am putting too much savings taxable investments for my age. I am 27 and my wife and I have about 65k in non-taxable accounts via 401k and IRA. Total income is about 112k a year with about 20.5k in contributions to retirement accounts per year. Over the past three years or so I have accumulated about 70k in a Vanguard taxable account, mostly in index funds. The main reason is I just want this money accessible if need be.
Should I be more focused on our 401k's and IRA's? I think my contribution's will likely slow down for the taxable account quit a bit over the next few years because we are planning to have kids.
I am concerned that I am putting too much savings taxable investments for my age. I am 27 and my wife and I have about 65k in non-taxable accounts via 401k and IRA. Total income is about 112k a year with about 20.5k in contributions to retirement accounts per year. Over the past three years or so I have accumulated about 70k in a Vanguard taxable account, mostly in index funds. The main reason is I just want this money accessible if need be.
Should I be more focused on our 401k's and IRA's? I think my contribution's will likely slow down for the taxable account quit a bit over the next few years because we are planning to have kids.