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Hi,
I’m turning 30 in June and need to fix up my retirement. I have money saved, but wish it were more. Throughout my 20s, I’ve saved erratically and opened a taxable account geared towards retirement to catch up. Am I allowed to count this towards retirement savings? Im not planning on withdrawing from it unless it is an emergency. Can anyone let me know if I’m way behind. I know there is the 1x salary rule, but my salary has fluctuated so much in my 20s, that doesn’t seem feasible. Luckily, I now have no debt and about 8-12 months in emergency savings. My portfolio looks as follows
I’m calling Fidelity this week for guidance on what to do with my 401k, I have two currently. I recently started a new role, but that 401k hasn’t started yet. It unfortunately won’t be with fidelity. The larger 401k is managed and has been set for aggressive growth since I added a lot of money to it when I was 26. Its been performing erratically, but I’m not sure if that is too be expected given how volatile the market has been the past couple years
Roth IRA: 19,550
401k: 8400
401k- 29,000
Taxable Account for retirement: 15,936
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- 2 years ago
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