Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
So I know I could pay a financial analyst a couple hundred dollars to tell me if I'm on the right path.
I figured I would ask you instead, here is my info:

I'm 27 years old.

In a secure job(knock on wood) and gross about $110,000/yr

I contribute the max to my traditional 401k and my company matches 100% up to 4% contribution. I have been here 2 years and have $29000 in the 401K. It is 80$ domestic equities, 15% international equities. The rest a mix.

I have a Roth IRA worth $18,500 that I also max out every year. It has 2 mutual funds Vanguard 2045 target fund(VTIVX)-$13,500 and USAA precious metals fund(USAGX)-$5,000

I have a Flexible Retirement Annuity worth $9300 that I contribute $100 to every 2 weeks. Current Interest Rate 3.500% Effective Annual Rate 4.305% Guaranteed Minimum Rate 2.75%

I have an Emergency Fund worth $8100 that I contribute $100 every 2 weeks too. I think I need to keep growing this.

I have no credit card debt, no truck payment.

I have a mortgage of $304,000 as of this month, my monthly payment is $2500. I am refinancing right now to a 5.250% rate which will save me approx $230/month and I don't plan on moving any time soon, so I will pay off the closing costs.

I don't have a lot of monthly expenses, probably about $700(utilities, TV, food, beer, etc)

Any ideas on how I can improve? Or am I on the right path?

Thanks everyone.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.