I started my first after-college job a couple months ago. Since then I have:
1. Set up automated deposits to put 10% of my salary into a 401k (more than what is required to get entire match)
2. Max Roth IRA
3. Max HSA (including employer contributions)
4. Transfer money on a biweekly basis to a savings account for the what-ifs in life
That was the easy part now I have to decide on an investment strategy going forward. Currently my 401k is entirely in a Target Retirement account and I was planning on doing the same in my Roth for now at least until I build up a decent account balance. Is this too simple of an approach? My Roth at VG currently has enough to meet at least 2 fund minimums may be 3.
1. Set up automated deposits to put 10% of my salary into a 401k (more than what is required to get entire match)
2. Max Roth IRA
3. Max HSA (including employer contributions)
4. Transfer money on a biweekly basis to a savings account for the what-ifs in life
That was the easy part now I have to decide on an investment strategy going forward. Currently my 401k is entirely in a Target Retirement account and I was planning on doing the same in my Roth for now at least until I build up a decent account balance. Is this too simple of an approach? My Roth at VG currently has enough to meet at least 2 fund minimums may be 3.