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New Member- 25 and looking for next steps to be “Set For Life” !!
I am 25 years old. I fall almost to a T what Scott was describing in “Set For Life”. My income is not an issue... I will start living a more frugal lifestyle & can easily save thousands of dollars every month.
However, I currently have about $8000 spread across different brokerage type accounts (Robinhood, M1, Fundrise and betterment) and about $3000 in my Roth IRA. I know now to start racing to accessible cash that I can use to invest in real assets. I'm still very new in the tax world. Do I leave the $8000 where they are and completely start from scratch? Do I pick one index fund brokerage account and move all the money to that account along with my IRA? Or do I move it all to my IRA?
Again, moving forward I have no worries about my saving abilities... I just don’t know how I should reverse the earlier decisions I have made in my early 20s. Thank you in advanced.
Hmm, is it just me or did I see this post a while back? A repost?
I see the other post https://www.biggerpockets.com/... In terms of advice, you might be better off posting in one of the other forums on BP, like maybe the general real estate investing forum https://www.biggerpockets.com/...
This forum here is for member intros, so viewers might overlook your questions. Welcome to BP by the way. Good luck with your investment goals. I'd chime in a bit but figure there are better mentors on BP to offer you advice.
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Welcome to BiggerPockets, Isaiah!
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Welcome to Bigger Pockets @Isaiah!