otosongphuc
New member
I am a 40 y/o single person with less than $10k in my 401k. I only recently, within the last couple of years, started making enough to contribute to retirement savings.
I want to buckle down over the next year and save every extra dollar (planning to get a second income) toward buying my first home. I want the home to in a safe area and in decent shape, i.e. not too many projects.
I have a decent amount in emergency savings and I’m current on all bills. My question is, should I prioritize beefing up my 401k or is it fine to put everything toward a house? Thanks in advance for all advice!
I want to buckle down over the next year and save every extra dollar (planning to get a second income) toward buying my first home. I want the home to in a safe area and in decent shape, i.e. not too many projects.
I have a decent amount in emergency savings and I’m current on all bills. My question is, should I prioritize beefing up my 401k or is it fine to put everything toward a house? Thanks in advance for all advice!