Brand new into my career and I’m trying to juggle wanting to max my 401k, Roth IRA, and HSA, while also saving for a down payment on a house! I realize that with my current salary ($78k) doing all this is too ambitious. Any advice on streamlining my priorities and which ones I should give up on for right now? If anyone else has gone through something similar early in their career what did you do?

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Follow this and you will retire happily. 2nd to last box is 19.5k instead of 18k now.

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Thanks for pointing it out. I realize the image is a few years old. Contribute to Roth while you’re under the income limit, won’t be long before you’re not eligible.

It really depends on a few factors: (1) when are you anticipating to buy a house and at what cost?; (2) what is your estimated career trajectory with salary?; (3) what saving is needed to reach house goal? With house prices as they are, I would really focus on your emergency savings, retirement (high on Roth depending on your salary) and then set aside money to conservatively invest (e.g., bonds, low risk instruments) for your house down payment. Good luck and read a bunch out there to get different perspectives!

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I started off my career at 61k (LCOL city) and was able to max my 401k and HSA.
3.5 years later, I just bought my first home.

I lived cheap, cooked my meals (traveled for the most part), and drove a used car. Small things add up.

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I max my HSA and Roth IRA and then max company match on 401k and a little extra and am saving the rest for a down payment. Not sure if this is the “right” way lol

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Does your company match 401k? If so I would max that first.

Automatically transfer to an account then forget the password for 3 years. You will be surprised at how much a few % can compound to. Obviously take this with a grain of salt, but this “strategy” worked for me

You can use roth ira penalty free towards first home so definitely take that into consideration.

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