S:
It appears that you have more than 6 months expesnes in cash or equivalents, which should be an adequate safety net. At this point, have you considered increasing the 403(b) contribution, or, even better, starting a Roth IRA? You would get the immmediate tax benefit with the 403(b) contribution (and possibly, although unlikely, an employer match), but many feel that over the long haul the Roth IRA is a better deal. Of course, it depends on the investment choices you have in the 403(b) -- an annuity product, which is all too common in such plans, would be horrible. For a Roth IRA, you might consider going with a no-loan index fund with Vanguard or Fidelity. Something that tracks to total stock market or S&P 500 might be a good start. Do some searches on this board and you will find innumerable discussions of the merits of 401k/403b versus a Roth IRA, which may help to focus your thinking. In any event, you have reached the point where it is time to expand your horizons. Your student days will soon be a thing of the past, you will be saving and investing steadily and looking forward to an early retirement. Best wishes to you both.