Related Posts
More Posts
Who else loves this sign

Longest. Year. Ever. But we made it. ❤

Sharks your thoughts on this plssss

Additional Posts in FIRE Financial Independence Retire Early
Anyone a CFP as a side hustle?
401k Roth or traditional 401k?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.





Coach
You are 22. Stop buying CDs. Max your Roth IRA. Get an HSA if you have a HDHP. Max your 401k. That will give you a solid foundation.
CDs are silly with today's rates. They're not investment vehicles. Goid for you for saving though! Keep it up.
If you need the security of CDs (for say a down payment or wedding in a couple years) look at IBonds through Treasury Direct instead. Rates are much better than even the best CDs in the current inflationary but low interest environment.
As someone who has been working for close to 2 years out of undergrad, here are some things I do:
- Max out ROTH IRA
- Max out 401k
- Set aside $X/month to do dollar cost averaging on Vanguard Index Fund
- Live within your means
- Take advantage of good credit card rewards programs based on your lifestyle
Read Simple Path to Wealth and/or Bogleheads guide.
.