Hey everyone I’m 25 years old and looking for some opinions on my financial situation for the near future.
Gross Income: 135K
High Yield Savings (3%): 75K
Checking: 27K
401K (4% match/maxed): 47K
Schwab Brokerage: 20K
Schwab Roth IRA: 9.5K (no contribution 2026)
Car Loan (3% interest): 16K - paying $500 monthly
Medical Bill: 5K - paying $200 monthly.
I feel like my money is sitting around too much even with the high yield savings interest. What should be my first step next? I don’t want to lose access to a lot of my money until retirement. Thoughts? Thanks!