Like others have said, 6 months of living expenses...
Well that's a little muddy because I just moved home from out of state so I live at home and have relatively little living expenses. Currently in savings, I have roughly 13 times my net monthly income, so I guess that's a little high. Keep in mind I don't make a ton, and taxes/insurance/retirement come out before it goes into my account, so it's not like I'm hoarding 6 figures in a savings account.
I would hope you would have money in a retirement account of some sort?
I do, I have a good retirement plan through work and my company matches as well.
The thing is, I can see myself getting a newer vehicle in the next 6-12 months and I would really prefer to pay most/all of that without having to finance it. Also, I will obviously want to move out of parents house soon which is another reason I want to have a good bit saved.
I guess that leads me to what to do from here on out since I apparently have more than enough just sitting in savings. Should I open some sort of investment account to throw extra money into? I'm completely ignorant on that sort of thing. With my retirement through work it's set, so it's not like if I have extra money I want to invest I can just put it there. Are there investment accounts I can open and put as much or as little into it periodically as I want?