Advice on wedding expense next year
Hi all, I am planning to get married next year between may-sept. I have 100k roughly in my brokerage account and about 18k in my savings now. Was planning to have a 20k emergency fund. I get a bonus at the end of the year which normally is about 20k. After taxes I normally save a portion of it to max a Roth IRA for the next year but knowing that my wedding is coming up and it may cost about 20-30k in Dallas area. I'm wondering if I should save it all in cash for the wedding or still max out the Roth IRA for 2027 and sell from brokerage while the market is up now. I don't want to find myself without the cash if the market goes down while needing the funds.
If I max out the IRA I would have about $4k for a wedding ring. But basically nothing for a wedding which I don't think I can save 20-30k by may.
Normally I max out my 401k, hsa, Roth IRA every year. My net worth is about 860k at age 34 now. Wondering if next year I should decrease my savings and maybe lower to just the match so I can have more cash on hand ? Also planning to buy a house a year after marriage as well... I originally didn't want to touch the 100k I'm brokerage because I heard that's when money finally starts to grow
.. I'm not sure what to do.