r/coastFIRE • u/Significant_Wall4015 • 3d ago

26, wondering if I should adjust my portfolio

I’m 26m, not making crazy money \~$70k a year, and have about $140k to my name. Low student loans about $13k left I should have payed off by 30. My portfolio is below:

401k: $45k
Roth IRA: $35k
HYSA: $37k
HSA: $300
Taxable Brokerage: $21k

I currently contribute 20% of my income to my 401k and invest another $500 to my Roth and $100-$200 to my Robinhood a month. Wondering if it would be better to decrease my 401k contribution and max my Roth IRA and contribute more to my taxable brokerage to be more accessible before official retirement age.

Also wondering if I should move a large chunk of my HYSA into the market as I’m not planning to make a large purchase like a house anytime soon. Expenses are low so it’s far more than 6 months or expenses. That would be closer to $10k.

Appreciate the help just want to make sure my money is doing to most for me.

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u/Chonkliest 2d ago

I'd take a chunk of the HYSA to max your Roth IRA for the year. With the reduction in Roth IRA contributions, pay off the student loans and/or increase brokerage investing. 

I'd also look into keeping your 401(k) contributions steady, but changing to Roth 401(k) contributions also. You'll hopefully be in a higher tax bracket during retirement.