I am 29 and total NW is ~$300K. However, nearly 40%(120K) of them are tied to retirement account and thus I wouldn’t be able to touch it until 60 in general (assuming not taking loans or early withdrawal).

If I add all my cash and liquidate stocks in regular brokerage, I only have 180K that I can use right now. Is my portfolio too heavy on retirement portion? Should I focus on building more assets on non-retirement side

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Retirement is by far your biggest liability. Makes sense that retirement savings should be your biggest asset.

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Great advice here. Retirement is your biggest priority unless you want to work forever or be a burden.

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You should max all the tax-advantaged accounts, because they’re tax advantaged. Unless you want to pay more tax than you have to. Whatever’s left over after that can go into taxable accounts.

And there are ways to withdraw from retirement accounts early without penalty in certain circumstances.

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Are you going to have a down payment or wedding in the near future? These aren’t things that suddenly happen out of nowhere lol

OP - for your question on “what if I have a big expense? Wedding, down payment, etc”. Neither of those are mandatory spending - wait till you have enough liquid assets. Lowering your retirement contribution will give you the illusion that you have money to spend at the detriment of your retirement solvency.

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There are ways to access the funds in your retirement accounts early, without penalty and fee. Roth conversions and the SEPP 72(t) are two such ways. There is no such thing as having too much in your retirement account.

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I'm 29 and my total net worth is ~$350k (modestly above $350k)...60% of which is in retirement. To each their own but makes sense to me to put more of your assets in tax advantaged accounts when you're relatively young and benefit from the tax benefits combined with more compound returns. As you can tell by my mix my net worth iant too far off yours but I have significantly more in retirement. I'd just lower contributions going forward if you're not happy with it (maybe not fully keeping up with the Joneses but you still should be able to live a decent life)

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I’m 27 with a net worth of $105k, you guys are making me feel poor AF

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I’m almost 27 and like 60% of my NW (270k) is in retirement accounts. The 110k in cash I’ve got should be enough for my upcoming down payment and wedding (combined with my fiancés cash and parent contributions).

For a contrarian view against textbook personal finance blogs.. you’ve definitely got a good amount of savings outside of your 401k so far. Totally depends on your goals. Do you want cash available to do something specific outside of these savings items you mentioned? For example do you plan to work a corporate job forever or are you interested in taking risks I.e starting / buying some type of business? Having cash more readily available is important for the latter

I’m 31 with 500k. I only add 401k up to match because I’m trying to be financial independent as soon as possible.

While using a tax advantages account is by far the most optimal option in terms of asset growth, I’m willing to give that up for easier access to my capital before 60.

For this same reason, I focus more on rental and dividend investing rather than growth stocks.

It’s all about what you’re going for.

I’m mostly in real estate, which has a lot of tax advantages.

We’ll see how it works out.

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