Any financial planners that can provide some insights/advice? My wife and I (upper 20s) have a 1.5 year old. We currently have $100k in HYSAs, an additional $70k in increment accounts, $150k in retirement accounts. I’ve maxed 401k, Roth, spousal IRA. $100k should give us 2 years worth of living expense if anything negative happened between food and mortgage. Should I stop adding money to the bank and just grow our investment accounts?

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I am a financial planner… my BEST advice for you is to start a relationship with a planner. Do not use advice from strangers who don’t know you and you do not know their qualifications to give you advice. Would you take medical or dental advice from a blog?

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I'm no financial planner, but personally, given the state of the market and rising interest rates, I would think a shift toward high-interest savings might be a better bet for the time being. Again, that's just my opinion.

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Also a financial planner. Definitely would have more questions, but likely yes.

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Sent you a DM

I’m not a financial planner either, but I typically assess based on when I will need the money. I normally put whatever money I don’t need in at least 5 years into brokerage, and anything I could need in the shorter term (up to maybe 2-3 years) either in bank savings or in a Muni ETF, which is a federal tax-free, low-cost way to earn regular income without taking a lot of risk.

So the way my financial planner talked to me about it was figuring out long-term plans, saving for that primarily and once those investment accounts are in a good place, you have more breathing room to focus on medium-term investment and some risky investments

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