‘I just feel like I’m behind’: I’m 29 years old. I have $4,000 in the bank and a $20,000 emergency fund. Am I doing OK financially?

2 years ago 333

The Moneyist

Last Updated: Nov. 2, 2021 astatine 12:44 p.m. ET First Published: Nov. 2, 2021 astatine 12:35 a.m. ET

‘Should I conscionable determination my $20,000 exigency money to a high-yield savings account?’

Dear Quentin,

I americium 29 years old, with $1,000 successful my checking account, $3,000 successful savings, $25,000 successful my Roth IRA (my leader doesn’t connection status benefits), $20,000 successful my exigency funds, and nary debt. I conscionable started investing, I inactive don’t afloat recognize however it works truthful I decided to prime a robo-adviser alternatively of delaying my efforts.

At...

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