Thanks to everyone for the lively discussion regarding my original post.I'm really glad establishing an Emergency Fund was mentioned. I would like it if someone would clarify something about that for me. I called TIAA-CREF (who also administers my 403b) and I believe they said that 911$ should be 10% of income seperate from any other investments??Also, about my original post: I don't make much ( I work for a school). My 403b allows you to contrib. up to 20% or $10,500- whichever comes first. The 7% contrib. from my employer will begin this coming Sept. and is directed into whichever TIAA-CREF funds I indicate (existing or new ones). This money will be contributed as long as I am an employee of the school, regardless of whether I continue to fund money into the 403b or not. So, again, what to do first? I am putting the 10% into a 911$. I probably should and could comfortably contrib. up to 10% into my 403b. Is this all I should do for now? No other IRA/Roth?