Thanks, @RouteToRetire! I appreciate you sharing your thoughts and experience on this. I am contributing 15% of my gross income to my 403(b), which is a Roth, and last year, I maxed out my independent Roth IRA, too. Starting in October, my employer will contribute 8% of my salary to my 403(b) as well. I have to contribute at least 5% to get the 8% match, which is very generous. It’s like getting an 8% raise without doing anything, and I’d be a fool to pass that up.
What I’m trying to figure out now is if I want to throw more money into my retirement accounts or diversify into real estate. My employer doesn’t give a lot of options for investments, but the mutual funds I have in my 403(b) are all with Vanguard and have very low management fees.
My fiance is also a real estate investor, but I am making my decision independently rather than follow blindly in his footsteps. It’s been good for him, but I’m trying to figure out if it’s right for me. He is super handy, whereas I am not and would need to hire out for repairs.
Thanks as well for the link to BiggerPockets – I will definitely check out the info.