I max out my Roth before anything else. With $16+T of debt and SS and Medicare on the path to insolvency, I don't want to imagine where tax rates will be 30 years from now.
You should look into putting as much of that 10% leftover into a Roth. It can work as your emergency savings since you can pull your contributions out at any time with no taxes. Look into some ETFs, they're liquid enough. Plus theres a better chance you wont be outpaced by inflation if you were to this over just using a savings.
Open 1 account. Put 5% into more conservative ETFs like short/intermediate term bonds, investment grade corporate bonds, emerging market bonds. 5% into more aggressive ETFs like growth, large cap, small cap, real estate.
There will be small expense fees but IMO its worth it. You will reduce your volatility doing it this way.
This post was edited on 12/8 at 10:16 am