I like this flowchart [0] I got from r/personalfinance. That subreddit is a little different from my taste but this is useful. If you are a typical older Silicon Valley dev (sorry for presuming any part of that), you might not be eligible for a Roth (without some extra work), so be careful. If you didn't contribute to an IRA in 2016, you can still do so.
And like the others said, if you have an employer match, definitely max that part out.
Is there an automated version of this somewhere? I'd love to be able to plug in my numbers (age, income, expenses, etc) and have recommendations pop out.
Comments
I like this flowchart [0] I got from r/personalfinance. That subreddit is a little different from my taste but this is useful. If you are a typical older Silicon Valley dev (sorry for presuming any part of that), you might not be eligible for a Roth (without some extra work), so be careful. If you didn't contribute to an IRA in 2016, you can still do so.
And like the others said, if you have an employer match, definitely max that part out.
[0] https://i.imgur.com/1rPEkGQ.png
Is there an automated version of this somewhere? I'd love to be able to plug in my numbers (age, income, expenses, etc) and have recommendations pop out.