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Congratulations on your great start! Here’s a step-by-step plan to help you make the most of your income and set a strong foundation for your financial future:

1. Emergency Fund

• Build up at least 3-6 months’ worth of living expenses in your high-yield savings account (HYSA). With $15k already saved, you’re likely close, but make sure this covers any unexpected expenses. Aim for around $20-25k between you and your girlfriend to start.

2. Maximize Tax-Advantaged Accounts

• 401(k): Contribute enough to get your employer’s match, then aim to max out the annual limit ($22,500 for 2024). This will help you build retirement savings and reduce your taxable income.

• Roth IRA: You already have one—excellent! Keep contributing to it up to the annual max ($6,500), especially while you’re in a lower tax bracket early in your career.

3. Invest for Growth

• Brokerage Account: Invest your remaining funds here. Index funds or ETFs (like S&P 500 or total market funds) are great options for long-term growth. Aim to regularly contribute a portion of your income, creating a habit of “paying yourself first.”

• Asset Allocation: Consider a balance of 80-90% stocks and 10-20% bonds at your age. Broad-based index funds offer diversification, keeping you aligned with the market’s growth potential over time.

4. Long-Term Savings Goals

• House Down Payment: If homeownership is a goal in 5+ years, you might start setting aside funds specifically for a down payment in a conservative investment or HYSA.

5. Insurance and Protection

• Ensure you have adequate health, renters, and possibly life insurance, especially once you’re married. Protecting your income and assets is key to long-term financial stability.

6. Continue Learning and Set Milestones

• As your income grows, revisit and adjust your financial goals. Consider meeting with a fiduciary financial planner for a review every few years.