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Personal Investments • Turning 30, Investment Checkup / Simplification

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1. I don't understand what you mean by selling off taxable. Is it to use taxable for living expenses while you raise 401K contributions? Bad idea as you are pulling $$ out of savings. You can gradually increase 401K contributions with future raises. Decrease HSA so you can increase 401K.
Yes that is the idea, but as funxional said this would not be pulling $$ out of savings - just moving from taxable to 401K over time (preferably sooner than later).
Looks like you have a child. Hope you and your spouse have a term life insurance?
Yes we have 1 child, and my wife and I both just got 30 year 1mil and 1.25mil policies, respectively. (Thanks to other research done here)

Statistics: Posted by tonescarp — Wed Mar 27, 2024 8:17 am — Replies 7 — Views 519



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