Hey everyone I’m 25 years old and looking for some opinions on my financial situation for the near future.
Gross Income: 135K
High Yield Savings (3%): 75K
Checking: 27K
401K (4% match/maxed): 47K
Schwab Brokerage: 20K
Schwab Roth IRA: 9.5K (no contribution 2026)
Car Loan (3% interest): 16K – paying $500 monthly
Medical Bill: 5K – paying $200 monthly.
I feel like my money is sitting around too much even with the high yield savings interest. What should be my first step next? I don’t want to lose access to a lot of my money until retirement. Thoughts? Thanks!
Any Thoughts on my financial situation & Investing?
byu/Prior_Anything_9328 ininvesting
Posted by Prior_Anything_9328
2 Comments
[https://www.reddit.com/r/personalfinance/wiki/commontopics](https://www.reddit.com/r/personalfinance/wiki/commontopics)
I would pay off the car loan/medical debt from checking. Would have no more than 50k emergency fund in HYSA at this point depending on expenses. Rest can go to your Roth contribution and then brokerage.