hey guys, hope you are all doing well.
i’m 26, filing status head of household. i have around 40k saved in my governmental 457- this is a job i expect to keep for the next 20-25 years.
i have a roth ira but it doesn’t have much in it, a couple hundred dollars.
question is this. i close on my new house in a couple months, post-closing i expect to bump my retirement contributions. as of now i do about 11% of my gross to my 457 (has been reduced for a while as i’ve saved up for my down payment). once i close, should i bump my retirement contribution to my 457 to like 20% gross or try and max my roth?
specific details. my 457 is invested in a super low cost state street s&p. my roth would be 100% invested into vt. i like to keep it dead simple.
any thoughts? thanks guys.