re: How is my financial state at 26? Thanks for the input.

You don't seem to have much of an emergency fund.

You'll find into two camps here, both with highly credible members.

One will say you need to beef up your liquid savings for emergencies.



The other will say you are fine where you are, especially if you have a decent limit on your credit cards. Start building an emergency fund in a Roth (contributions can be withdrawn at any time tax and penalty free, without any paperwork). The logic being that your current liquid savings and credit will be able to last you for emergent situations that can last for the 3-5 days for money to move from the Roth to your bank account. But instead of having that money sitting there doing nothing for you (and you will to shoot for AT LEAST 26k for any emergency fund worth its name), it can be capital building wealth.

Also, if put into a balanced fund and start in advance of needing it (by 3-5 years+), contributions can grow so that you won't sustain a loss even if you need to withdraw in a market downturn.

Time in market as well as the fact that it takes time to build (only ~5k per year in contributions), means you'll want to start ASAP.


I personally recommend using Vanguard STAR in a Roth for an emergency vehicle.