Hello! First post here but I’ve been following PFC on IG for a while now and it’s been such a HUGE help with educating myself on how to take steps forward into investing and retirement. I knew how important it was to get started but before PFC, I had no idea “where” or “how” to start other than paying down debt so I’m appreciative for this community for making it so easy.
I’m 26 and I’ve been debt free going on almost 3 years. Since then, I was stockpiling my savings into a Wells Fargo savings account and got a pretty great paying job with 401k and I started making contributions into that account.
Maybe a year ago, I moved those savings from Wells F. into Wealthfront and Ally HYSAs (moving between the two as interest rates fluctuated). Within the past month or two, I moved my 401k existing & future contributions from Blackrock 2055 target-date retirement fund (LIZKX) to Vanguard 2060 (VTTSX), opened a Roth with Fidelity and contributed the max to both 2019 and 2020 and invested 100% of that into FXAIX, and threw $5k into an individual robo-investment account with Wealthfront where it’s being managed for free.
To date, I have about $60k in savings and $37k in investments/retirement but still feeling like I should be doing more. I hate to let that $60k in savings sit accruing barely any interest.
Is there any advice in what I can be doing next to maximize the potential of my savings?