I opened HYSA with ally. I also opened a checking acct with them so it would give me instant access if needed.

Then forgot about it.

>however ideally I want to use that for a wedding and housing downpayment in 2-3 years.

I'd say that 2-3 years isn't a sufficient timeline to safely invest a house downpayment in the market. Over the long term 10+ years, you're almost certainly going to make money in the market by holding a broad-market index fund, but over 2-3 years, there is a decent enough chance that you could be down.

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Financial advisors are best suited for either the very rich or very clueless.

If you’re very rich, 1% doesn’t matter. If you’re very clueless, you need someone to clue you in.

Is this a real question or a boorish boast?

Wait so there’s no rent or mortgage expense? Just wondering….. I mean other wise I’d keep putting money into the 401k, then HSA, then Roth IRA, then the remaining goes into brokerage and extra savings.

As a parent, I understand the house train. But you seem to so enjoy moving around and you appear to be earning your living, so do what you like. It's your life, not theirs. Just be kind to your parents, they mean well.

Thank you lots! I don't think I'm eligible for a solo 401k, but I'll see!

Or just acknowledging that you don't want to give them anything so they can't say it was an oversight will do the trick.

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A couple of counterpoints here. Using a property manager has made renting out my home relatively painless other than the 10% they take each month. If something breaks under a few hundred dollars they just fix it and take it out of the rent. Over that amount we have a conversation but they do all the work. They also find new tenants when needed. I haven’t seen anyone mention how your house should appreciate in value over time. Eventually the house will be paid off by your tenants and it will be worth more than you paid for it (obviously not guaranteed but more than likely).

If your work doesn't offer a 401k, and you're not eligible for a Solo 401k (think business owner with one employee), then yes, an IRA is recommended for retirement savings

You may want to look at Charity Watch. They rate charities based on mission. How much actually goes to mission vs fund raising. HS had some sketchy stuff going on. CEO resigned etc. maybe break it into chunks to find multiple charities. Spread the good karma around.

We don't know current savings, may be significant?

You have until April 18, 2023 to make IRA contributions for the 2022 tax year. For backdoor Roth, it will be a non deductible Trad IRA contribution and you will want to do the conversion right away. Let’s assume you are going to do the contribution and conversion in 2023 since it is now impossible to do it in 2022. As long as you have completed the rollover of your pre tax Traditional IRA money to your 401k by 12/31/2023, you are all set and will not owe additional taxes on your already taxed 2022 Traditional IRA contribution. That is why you (and I) are doing this type of rollover, to avoid pro rata taxes.

For your 2023 contribution, you have until the April 2024 deadline to make your 2023 contribution (and presumably the conversion, if you are going to do another backdoor Roth).

Edit: After rereading, my second paragraph made it seem like there is a deadline to do the Roth conversion. There is not. But if you allow money to sit in the Traditional IRA account instead of converting it to Roth, you will owe taxes on the earnings when you do the conversion.

It comes down to one of 3 things. They are for people who either don't have the will, the skill, or the time to worry about it.

If you give to the human society, make sure your donation goes for pet care (vaccine, sterilization...) and not euthanasia or luxury items like new cars or furniture. I volunteer at a cat shelter and when we get big donations (for us 1K is enormous) we spend all of it very wisely and with frugality. With a big organisation like them, make sure they treat your money with the same care.

You need a lawyer for a reputable firm to set this up. He/She will act as your executor and will sell your assets, pay your debts (if you have some) and give what's left after taxes to them. It's a long process. it took my Mom over a year to take care of her Cousin assets (and she didn't have a lot of money).

Have you also thought of a scholarship fund for Vet school for underprivileged students? That could also be a great legacy.

I dunno either! But all the specific recommendations have been helpful. SoFi was one I was looking at today, do you find it's user friendly?

A financial advisor is a sales person. The only thing they answer to is their wallet.

If you want what they offer without the scummery, find a fiduciary. You'll pay more, but they have legal requirements that advisors don't.

1900 a month for travel seems excessive considering income level and also trying to save for a house

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I've heard this, but also heard it's just parroted by idiots on Reddit (not saying you lol) But obviously an attorney would know