quote:Doesn't hurt. I have about three months in cash, but would like 6 months or even a year. For some reason it feels psychologically better to have that sitting there. I've been contributing to a Roth for about ten years so I have enough in there if worse came to worse. I would only touch retirement as a last resort though. Had a $20K HELOC but I am closing on a refi next week so that is going away. (15 yr / 2.875% by the way)
Yes. My wife likes to shop. Just kidding. I probably don't need that much, but I do.
Roth, of course. Tax-free returns and you can get the contributions whenver you want penalty-free
But can't you only put 5k in per year?