Maxed out 401k and Roth IRA. Now what?

[frito833]

I have a lot of extra cash flow and wondering what's a good investment after retirement. I don't own a house but rent a room for $300 because my job relocates me every year so investing in real estate is out of the picture. 50% of my take home pay goes to retirement. I actually have an extra $400 per month I can invest. Been researching at mutual funds that are tax friendly. Not sure which ones are the best. Thanks for any advice.

[sweeps]

Most index funds are naturally tax friendly. Not to mention you'll typically save a lot of money on expenses too.

[TBH]

Are you saving cash outside retirement accounts so you'll be able to buy a house when your job changes? Alternately, you could figure out where you eventually want to live (near family, maybe) and buy a rental property there with the intention of moving into it when you are ready to settle down.

[frito833]

Yeah. I'm looking at some index funds at Vanguard especially the Total US Stock. I also have 6 months expenses saved so I'm set in the emergency fund. One option might be to go with the index fund and if I do decide to settle down, I can sell the index fund for a house/rental.

[jIM_Ohio]

Check out PRPFX for a taxable account.
Possibly add a position in REITs (probably in IRAs for tax reasons) because you do not own a house. PRPFX owns some Real estate tax efficiently.