Here is what I do, but things are a little different since I'm a self-employed high earner.I max out my Roth 401k. I then max out my self contributing pension plan (this is my main difference from you probably). I then contribute to a traditional IRA (and no I have not and will probably not convert to a Roth IRA). After that, I put extra monies into a taxable brokerage account. (All of this is done assuming no debt and the establishment of a 6 month living expense emergency money market/CD account)DW and I paid our house off about 5 years ago. My previous house I paid off the mortgage with the extra monies before doing taxable brokerage.Where to put your monies? The obviously simplest thing to do would be put 60% in a stock index ETF and 40% in a bond index ETF and re-balance yearly. To me, target dated funds charge you too much for one simple act.Or, you could pick some good dividend paying stocks (Google Dividend Champions and Dividend Achievers and well as utility companies) and DRIP (Dividend ReInvestment Plan) the dividends. You might think "crap, I'm only getting 2-3% yield", but 30 years from now, due to constantly increased dividend payout and DRIP, your yield your original investment could easily be in the 20% range. Food for thought. This is what I'm currently doing.JLC
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