Thanks for the advice--I hadn't thought about using the Roth IRA as a temporary emergency fund. My employer doesn't have any kind of retirement plan (it's at least a year away). So with your advice, this is the kind of timeline I'd be looking at for the next year:
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5 months - Save Roth IRA $, invest conservatively.
6 months - Save e-fund, place in high-yield account; move Roth $ to a slightly more aggressive fund.
1 month - Set aside $1k for HSA.
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Approximately how much will I need to put into the Roth IRA over the next few years to be able to pull out 10k in five years (assuming I put it in VBINX or VWELX)? I.e. what kind of ROI can I look for? (I've never invested a dime in my life, other than a CD).
Last edited by Onwards : 06-02-2008 at 01:20 PM.
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