this post was submitted on 02 Oct 2023
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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How you guys balance between contributing to tax advantage accounts and your brokerage account. I'm in a fortunate position to max my tax advantage contributions but won't have enough for a regular brokerage.
Would love to buy a home someday just not sure when so I was thinking about putting some cash in a normal brokerage account.
Btw anyone here come from Reddit? Would love to see this instance grow.
I'm in a similar phase right now. We plan on moving in 3-4 years and I'm leaning towards turning our current home into a rental. We bought it at $300k and it's now worth $650k. We are now putting money into a regular brokerage to save for the next down payment. I don't think we'll have enough saved in time so we're leaning towards lowering our tax advantage contributions until then.