Paid off my student loans last month (🎉) and now I’m staring at my budget wondering: do I max my Roth IRA first, or beef up my emergency fund? Both feel urgent. How did you prioritize once you were free from debt?

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After being in a situation where I nearly lost everything, a six to 8 month emergency fund will always come first.

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Emergency fund first. It's a bucket you want to fill and then put aside. Hopefully you don't have to use it for years and can then focus on different investments without worrying.

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Definitely the emergency fund first. Have enough for 6 months of expenses and then max out everything else

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Never cash. HYSA is basically cash and you can transfer out when needed

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How about half to each?

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Emergency fund, then roth IRA, then 401K

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Yeah, agreed

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Roth IRA because contributions can be pulled out literally at any time. so in a dire emergency situation you can do that.

OP has an emergency fund. I still think Roth is the better route. they can still continue to slowly "beef up" that EF over time which is what they are trying to do. Obv you don't want to remove money intended for retirement but on a dire emergency situation the money is there as an *option* which is key.

If you don't have an emergency then even better, your money grew tax free that entire time.

I would agree with you if they didnt have an EF but they do, so that's my POV.

Congratulations on being debt free. Would say emergency fund first (6-9 months). Keep in a cash equivalent type instrument (ie. HYSA, money market, t-bills, CDs, etc).

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