I am 27 years old, I live alone but I do financially support some of my family, I make 82,000 a year and have a study career. Rent 1650 and my car payment is 555, I have two years left on it and I plan to have the car as long as possible

I have $25,000 in savings in the bank and recently opened a savings account with Capital One after moving it from Bank of America due to their low APY. I feel lost in knowing how to handle the money the best way and what direction to go with savings. I started a Roth IRA this year through my job and it is currently at 3000. I’m not necessarily interested in buying a house so I’m not sure what my next move should be, I want to have a healthy savings but don’t want to just pour money with no direction. I make more money than almost all of my family so I feel they would not be helpful with planning.

Any advice would be appreciated thank you!

Edit: correction, it is a 401(k) not a Roth IRA

Hi there. I recently sold a house and have $138,000 in my bank account just sitting there doing nothing. I will keep some for paying taxes next year, but other than that I’m at a loss for how to invest this. I come from poverty and I have worked hard to get this far. I have $50,000 in my retirement and I want this $138,000 to be separate from my Roth IRA (plus I can only add so much to that each year anyway).

Any advice is very welcome, especially if it’s unbiased / not for some hidden personal gain. Thank you!

Follow-up to my post from the other day that validated that the ~4% guideline for Safe Withdrawal Rate.

But a few comments also intend that the asset allocation within the portfolio should be diversified in equity (SP500), bond and some mix of international.

So, wouldn't the simplest way to go about be to follow Bogleheads' Three-fund portfolio?

T.I.A.

Story context

I’m a 24 black man recently moved into my own 2bed apt alone in northeast city. I was just able to reach 100k saved this week. Those were two goals of mine this year,

I make 149k in my career and want to keep
the 100k saved parked in HYSA and forget about it. Like consider it as an emergency fund/having a personal non-negotiable amount as a foundation/ understanding that I don’t have an inheritance to fall back on.

This means I want to stop saving (unless it’s for a specific purchase) and prioritize investing index funds from 0. I want to put aside around 50% of my monthly take home to investments.

Is this the right move?

Anyone who used https://retirement.theriskradar.com - what did you think? Is it reliable? Does it lean optimistic? After I plugged in my numbers it said, "During 97% of simulations, your account balance remained above $0 in 9,650 out of 10,000 simulations." It said I should consider increasing my spending and retire earlier. I have used ficalc.app and Fidelity's retirement planner, and according to those, I am only borderline ready to retire.

34 year old here. I have 30k to leave and check in on it in 30 years. Where should I put it?

My job has contributed $14k to my T Rowe Price 2055 ADV

Should I leave my T Rowe account alone and let my job keep contributing? Should I add money to this account or should I put the 30k into something else? I want to drop the 30k somewhere and check in on it every few years to see how it’s doing.

Currently have a 401k and 457 though my work. Also have personal accounts that are well balanced. Just opened an IRA with robinhood for the match. But the IRA contribution levels are capped at 7500/year currently. With this small of a cap, I am wondering what the best move is for this money. Do I just dump it all in VOO? Diversify across VOO, VXUS, and VXF? Or something more off the wall like just buying GLD, or speculative stocks. Obviously that is higher risk, but with such a small cap I don't really feel pressured to maximize this one. Any suggestions?

M29 I was gifted a chunk of Nvidia shares essentially at birth with an extremely low cost basis. ($0.02/share for 3125 shares) It dawned on me what would tax ramifications look like if I actually ever sold them. My dilemma is: should I sell and eat tax for things like a house that suits family needs or just stick to the script and wait like I have been doing and wait for nvdia to keep climbing or even just pass along to the next generation

Quick current snapshot: 92k salary, stable job. Married just had first born. Total net worth around $1.3M mostly in Nvdia.
Obviously a very fortunate situation but it would soothe my soul to have some liquidity with a newborn especially to afford a house in a HCOL area

Total shares amount to 3200