|Found a real job!! Will increase income significantly and should be set up to do heavy investing for the next 5 years in the market.
My plan is to continue to:
- Save $400/month in cash for emergencies (account is currently at $11k)
- Continue saving $4k/year for Roth IRA ($5k/yr starting in 2008)
- Start investing $1,400/month in moderate/aggressive mutual funds for a house, scheduled to be bought in 2012.
- Contribute 10% salary into 401k (employer matches 6%)